7304 78 Av Nw, Edmonton, Alberta T6B 0C1

7304 78 AV NW

Looking for cash flow??? This 4-plex is a turn key investment that is fully rented and generates $5065/month of income between four suites and the garage. You can rent it as is, or do some sprucing up to increase the rental income and property value. The property is zoned as a legal and titled 4-plex with two 3 bedroom upper suites and two 2 bedroom lower suites that all have their own full bathrooms, entrances, furnaces, and laundry. It is located on a corner RF3 zoned lot across from a park that is conveniently located close to 75 street, Argyll, the Whitemud, or Whyte avenue. There is ample parking at this property as well with the double garage, 4 stalls, and corner street parking. Rent, hold, improve and refinance, or infill...the choice is yours! CAP rate is 4.2% but the ARV can see that increase to over 6%! (id:42720)

Address: 7304 78 AV NW
Address Line1: 7304 78 AV NW
City: edmonton
Province: Alberta
Postal Code: T6B0C1
Country: Canada
Neighbourhood: King Edward Park
Price: $699,707
Bedrooms: 10
Bathrooms: 4
MLS ID: E4342404
Ammenities Near By: Public Transit, Schools, Shopping
Community Features: Public Swimming Pool
Lease: 0.00
Listing Contract Date: 2023-05-26
Ownership Type: Freehold
Parking Space Total: 6
Property Type: Single Family
Appliances: Dishwasher, Garage door opener, Dryer, Refrigerator, Two stoves, Two Washers
Architectural Style: Bi-level
Basement Development: Finished
Basement Features: Unknown
Basement Type: Full (Finished)
Constructed Date: 1969
Construction Style Attachment: Attached
Fireplace Present: False
Heating Type: Forced air
Size Interior: 225.82 m2
Type: Fourplex
Acreage: false
Land Amenities: Public Transit, Schools, Shopping
Parking: Detached Garage, Parking Pad
Custom Listing: 0
Board: 10

Jeneen L. Marchant (1822851)

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Jeneen L. Marchant (1822851) Associate

(780) 904-4240

(780) 447-1695


RE/MAX Real Estate

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RE/MAX Real Estate

200-10835 124 St NW
Edmonton, Alberta T5M 0H4

(780) 488-4000

(780) 447-1695

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