Property Details for MLS® # E4385756
7304 78 Avenue, Edmonton
Bi-Level 4PLEX for Sale
- MLS®#: E4385756
- Price: $697,500
- Bedrooms: 10
- Bathrooms: 4(full) 0(half)
- Year Built: 1969
Looking for cash flow??? This 4-plex is a turn key investment that is fully rented and generates $5755/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! Current CAP rate is 4.99% but the ARV and stabilized CAP rate can see that increase to over 6.11%!
Contact The MacMillan Team About MLS® E4385756
The MacMillan Team , 780-975-1234 at RE/MAX Elite, #104, 150 Chippewa Road, Sherwood Park, Alberta, T8A 6A2
property information
- Property Type: 4PLEX
- MLS®#: E4385756
- Style: Bi-Level
- Year Built: 1969
- Total Floor Area: 2,431 sq.ft
Community Information
- Address: 7304 78 Avenue
- Neighbourhood: King Edward Park
- City: Edmonton
- Postal Code: T6B 0C1
interior
- Included: Dishwasher-Built-In, Garage Opener, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Microwave Hood Fan-Two
- Bedrooms: 10 (Bedrooms Above: 6)
- Bathrooms: Full: 4
- Rooms Above Grade: 9
- Basement: Full, Fully Finished
- Floor Finish: Laminate Flooring, Linoleum, Non-Ceramic Tile
exterior
- Exterior Features: Corner Lot, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
- Exterior Finish: Brick, Vinyl
- Front Exposure: West
services & amenities
- Parking: Double Garage Detached
- Heating: Y
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