Posted in: Zone 09, Edmonton Real Estate
I have listed a new property at 11421 68 ST in Edmonton.
Bellevue Beauty. 3 Bedrooms & 1 Bath above grade & second suite possibilities with all the heavy lifting done. The current owner / Seller has permits submitted for a legal basement suite; has begun the process of separating out the dedicated basement heat; it's own in suite laundry; & roughed in plumbing, electrical, & framing for a 1-bedroom, self-contained, basement suite w/ second kitchen, living room, 4-piece bath, & separate rear entranceway. The main / upper unit features a good-sized kitchen, living & dining rooms, 3 bedrooms, 4-piece bath & plenty of storage upstairs on the 2nd level. Therefore, get ready to cash flow said property once the basement is finished. Details: New: 2 furnaces, hot water tank, 100 AMP power, upper electric stove, 3 year old shingles & basement suite rough-in. Nicely situated in the Neighbourhood across from Glenwood School & blocks from the River Valley. Amazing ROI Opportunit: generate $1,950 / month rent less property tax & factoring 5% vacancy & mtce = >6% Cap Rate.