$725,000 | Queen Alexandra Edmonton 4PLEX for Sale at 10831 80 Avenue Edmonton

Explore 10831 80 Avenue, a Desirable Queen Alexandra home for sale for $725,000! This Queen Alexandra 2 Storey 4PLEX for sale in Edmonton has been listed on Real-Estate.ca for 87 days under MLS® #E4450294. It has had a $25,000 price change under this MLS#. This home is a 2,306 square foot 2 Storey 4PLEX built in 1945 with 5 bedrooms and 4.00 bathrooms. Parking is 2 Outdoor Stalls, Stall and it has a Full, Finished basement. Explore the Edmonton real estate market and available Queen Alexandra homes for sale!

RARE UNIVERSITY AREA LEGAL 4PLEX with current rents totaling $4699 (net $3417 which includes utilities except power) and a CAP of 4.5% with ability to easily exceed 6% as they are below market rents (ready for lease renewals and increases!). There are one 2 bedroom unit, and three 1 bedroom units. The main floor is a 2 bedroom unit, the 2nd story above it and the basement underneath are 1 bedroom units with the utility room, and then the back has a 2-story 1 bedroom unit. All units have their own laundry and separate entry. Located a few houses off of 109 Street, transit could not be any easier and the tenants are a 5-10 minute walk from the U of A, groceries, and of course all of the restaurants and shops of Whyte Avenue. Don't miss out on this prime investment opportunity!

Queen Alexandra Map, Demographics, Characteristics