1396 Knottwood Road East in Edmonton: Ekota Multi-Family (Commercial) for sale : MLS®# E4031190

1396 Knottwood Road East Edmonton T6K 2P2 : Ekota

Exceptional 3 bdrm, 3 Bathroom, 2 Level 4 Plexbanner
$925,000
Prop. Type:
Multi-Family (Commercial)
MLS® Num:
E4031190
Status:
Active
Fantastic Investment Opportunity on the SS in the desirable Millwoods Neighbourhood of Ekota. This Attractive & Unique Legal 4 Plex Features 4 - 3 Bdrm, 3 Bathroom, 2 Storey Units each with In-Suite Laundry, BI Dishwashers & their own FA Furnace, HW Tank & Power Meters. THE TENANTS PAY FOR ALL UTILITIES! 2 of the 4 Units have been Extensively Reno’d! Units are over 1,300 sq.ft. Featuring well configured generous room sizes with plenty of storage. All units feature a Balcony with a view of the Park & School Grounds across the street. Located at the Corner of Knottwood Rd E & 19th Ave in close Proximity to ALL Amenities, on Bus Route & easy access to the Anthony Henday. Easy to Manage with only Front & Back Entrance Staircases as Common Areas to clean & Lawn Snow Removal. 8 Parking Stalls. 5%+ Cap Rate! Do NOT Go Direct or Approach Tenants. Please allow 1 ½-2 Days’ notice for viewings to Qualified Buyers. Proforma available upon request @ vtoffoli@shaw.ca
All 2 Storey Units: All 4 units are two storey units with common area access from the rear entrance and private entrance from the front
3 Bedrooms: All 4 Units have 3 Bdrms
Balconies: All 4 units have generous size Balconies with newer compliant railings
3 Bathrooms: All 4 units have a Main 4 pce Bathroom, a 2 pce ensuite and a 2 pce Powder Room for Guests.
Upgrades: 2 of the 4 Units have been extensively renovated. The other 2 units have had partial upgrades & show very well- much better than the majority of the units in other listed projects.
In Suite Laundry: All 4 units have in suite washers and dryers
Furnaces & Hot Water Tnaks: All 4 units have their own Forced Air Furnaces and Hot Water Tanks which are contained in a space off of the Balconies
Tenants Pay ALL Utiities: Tenants Pay ALL Utilities! Seller does not pay any Utilities.
Parking: There are 8 paved Parking Stalls (2 per unit) plus abundant on-street parking.
LOCATION! LOCATION! LOCATION!: VERY DESIRABLE LOCATION IN DESIRABLE EKOTA ACROSS THE STREET FROM EKOTA SCHOOL AND PARKLAND.
Year built:
1978 (Age: 40)
Total Floor Area:
Switch units of measure6,552.95 sq. ft.
Listing information last updated on March 14, 2017 at 11:58 AM (UTC)
VAL TOFFOLI
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.