5239 - 5245 21a Avenue, Edmonton, AB T6X 1X5

Property Description

"4-Plex" with 4 Ground Floor Unit Suites in "Walker" S.E - Edmonton - Totalling 8 Suites with TENANTS Already in Place! 4 -3 Bedroom & 4 - Spacious 1 Bedroom (640Sq.Ft) ground level units! The Complex is 8,520 Sq.ft on a Land size totalling just over "1/4 Acre." * 4 Sets of "Double Detached Garages" on 4 Separately titled lots! All units are Fresh with Modern Decor featuring: 2.5 Bathrooms in the Four 3 Bedroom units, 9"ft ceilings, Quartz Counter-Tops, All Stainless Steel Appliances, Property is fully landscaped with Privately fenced yards. TURN KEY COMPLEX with income totalling $177,360 / Year --- After Expenses of Insurance, Utilities & Taxes : NET income is $128,422 with an Existing Cap Rate of 5.46% --- Assume existing Tenancies in place until 2027. Property built in 2022 by Daytona Homes in an already established NEWER Neighbourhood. This MLI Select property is being offered in S.E Edmonton close to all major amenities on 50th St and Ellerslie. Very Unique Opportunity!