Real Estate Investment: Suited Duplex in Edmonton - 12137 12135 124 ST NW

About This Property

Location: In a safe and gentrifying neighbourhood close to downtown. 

Tenant Profile: Property will attract downtown professionals and skilled labor millennials.

Buyer’s Expectations: Easy turnkey cashflow property and definite value to be added with legalization of suites.

Bonus Value: Basement suites have already had most of the work done to legalize with separate heating systems.

Condition: Property is newly built in 2013 and is in excellent condition.

Features: 

  • Year Built: 2013
  • Number of Suites: 4
  • Upper: 3 Bed, 1. bath (x2) Lower: 2 Bed, 1 bath (x2)
  • Floor Space 1,953 Sqft.
  • Off Market Listing

Asking Price $699,000

 

Initial Cash Required: $147,000

Monthly Cash Flow: $651

Annual ROI: 32%

(10 Year Hold)

  


 

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