DRASTICALLY REDUCED! Affordable Investment or Ideal for Extended Family!

11202-11204-95 Street -REDUCED & OPEN TO OFFERS! 4 Suites T5G 1K9 :

Main Photo: DRASTICALLY REDUCED! Affordable Investment or Ideal for Extended Family!banner
$399,900
Prop. Type:
Single Family
MLS® Num:
NEW
Status:
Sold
Bedrooms:
2
Bathrooms:
4
Year Built:
1953
PRICE DRASTICALLY REDUCED!
OUT OF TOWN SELLER OPEN TO REASONABLE OFFERS!
Phenomenal Entry Level Investment. Potential Gross Income at Current Market Rents in Excess of $3500 per Month (including Coin Laundry & Garage Rental! Huge Corner Lot in mature Central Area.  
This charming character Duplex features four large one bedroom suites. It is situated on a large 48' x 120' corner lot. It is of wood frame construction, concrete foundation, newer Vinyl Siding & newer windows. The Asphalt Shingle Roof is older but not original. The older garage has not been upgraded & is currently rented for storage. Each Suite has both a front & back Private Entrance. The electrical, plumbing and sump pump have been upgraded. This lovely vintage duplex features hardwood flooring & coved ceilings. These attractive character suites are a very generous size and have a good functional floor plan. There is a common laundry facility with a coin washer & dryer which are owned & are included in the listing as are the four stoves & four fridges. This attractive property is centrally located, on public transportation route & near all amenities. Many first time Home Buyers are purchasing in this area and the neighbourhood is in a very positive transition, not only due to affordability, but due to the large, mature lots which are not available in newer areas. Access is quick to the downtown area. This property has excellent curb appeal. Excellent Project for Home Owner Occupant with extended Family or Revenue Property in a good Central Location, certain to Appreciate. The property is currently vacant to enable the New Owner to set the rental rates & qualify their own Tenants. They were achieving rental rates from between $650 & $750 per unit & the Laundry Income averaged approximately $150 per month. The Garage is rented for $175 per month. There is potential for Gross Income in excess of  $33,000 per annum. For information & viewings, please contact Val Toffoli: 780-707-9395; vtoffoli@shaw.ca   www.valtoffoli.com
Price:
$399,900
Property Type:
Single Family
Home Style:
Full Duplex Side-by-Side
Bedrooms:
2
Bathrooms:
4.0
Year Built:
1953
Floor Area:
Switch units of measure0 sq. ft.
MLS® Num:
new
Status:
Sold
Floor
Type
Dimensions
Other
-
Exterior Rear View of Duplex in Winter
Switch units of measure0' x 0'
-
-
Exterior Distant Back-Side View in Winter
Switch units of measure0' x 0'
-
-
Exterior Distant Front-Side View of Duplex & Large Lot in Winter
Switch units of measure0' x 0'
-
-
Exterior Front Photo in Summer
Switch units of measure0' x 0'
-
-
Exterior Photo of Garage in Summer
Switch units of measure0' x 0'
-
-
Exterior South Photos of Duplex & Garage in Summer
Switch units of measure0' x 0'
-
-
Exterior South Side of Property in Summer
Switch units of measure0' x 0'
-
Listing information last updated on April 27, 2012 at 03:50 PM (UTC)
VAL TOFFOLI
Copyright 2018 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.