An exceptional investment opportunity in Prince Charles! On the doorstep of the highly anticipated Blachford development is this Side by side duplex with side entrances and potential for legal basement suites. Create an excellent cash flowing investment property with this never lived in property. Each duplex offers nearly 1500sqft of living space across 2 levels. The main levels each feature a sizable office space, dining room, kitchen, living room, and 2pc bathroom. The upper levels offer 3 spacious bedrooms as well as upstairs laundry. The primary bedroom is equipped with a 3pc ensuite and walk-in closet. Currently the basement is undeveloped but with the side entry, a savvy investor could build out two additional legal suites in the basement to create the ultimate investment property. Market rents suggest a cap rate of greater than 5%!
Address
11832 & 11834 124 ST NW
List Price
$860,000
Property Type
Residential
Type of Dwelling
Duplex
Style of Home
2 Storey
Area
Edmonton
Sub-Area
Prince Charles
Bedrooms
6
Bathrooms
6
Floor Area
2,999 Sq. Ft.
Lot Size
3746.27 Sq. Ft.
Year Built
2015
MLS® Number
E4418839
Listing Brokerage
Sotheby's International Realty Canada
Postal Code
T5L 0M4
Zoning
Zone 04
Community Features
Ceiling 9 ft., No Animal Home
Exterior Features
Back Lane, See Remarks
Interior Features
ensuite bathroom
Heat Type
Forced Air-1, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
East
Foundation Details
Concrete Perimeter
Garage Type
Yes
Roof
Asphalt Shingles
Access To Property
Paved