7513 89 ST NW
Edmonton T6C 0J4
MLS® Number: E4506845
$ 1,850,000
10
BEDROOMS
9 + 3
BATHROOMS
4,465
SQUARE FEET
2019
YEAR BUILT
Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property!
| COMMUNITY | Avonmore |
| PROPERTY TYPE | Triplex |
| BUILDING TYPE | Tri-Plex |
| STYLE | 2 and Half Storey |
| YEAR BUILT | 2019 |
| SQUARE FOOTAGE | 4,465 |
| BEDROOMS | 10 |
| BATHROOMS | 10.50 |
| BASEMENT | Full, Finished |
| AMENITIES | On Street Parking, Ceiling 9 ft., Deck, Detectors Smoke, No Smoking Home, Rooftop Deck/Patio |
| APPLIANCES | See Remarks |
| COOLING | |
| FIREPLACE | |
| FLOORING | Carpet, Vinyl Plank |
| HEATING | Forced Air-1, Natural Gas |
| LAUNDRY | ensuite bathroom |
| LOT FEATURES | Back Lane, Backs Onto Park/Trees, Flat Site, Low Maintenance Landscape, Not Fenced, Park/Reserve, Playground Nearby, Public Transportation, Ravine View, Schools, Shopping Nearby |
| PARKING | Triple Garage Detached |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingles |
| TITLE | Fee Simple |
| BROKER | REALTORS® Association of Edmonton |
| ROOMS | DIMENSIONS (m) | LEVEL |
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