Multi-Plex Building with Great Cash Flow!
Four Income Streams Under One Roof
Property ID: TU04-12215
About this Property
If you are an investor looking for a solid opportunity that will produce great cash flow this may be a fit for you. This 4 plex building is newer construction built in 2015 and still under structural warranty. Floor plans are very trendy with each bedroom set up as a master suite with its own full bathroom giving you the option to capitalize on the ever-growing student housing market in this area. The basements are fully finished with an additional bedroom, full bathroom, kitchenette and living area. NO issues with parking here – this building offers an abundance with a 4-car garage and an extra parking pad beside garage. The building is currently at full occupancy with long term tenants in place and is located in the desirable neighborhood of Prince Charles very close to downtown Edmonton, NAIT, Royal Alex Hospital, Kingsway Mall and many other convenient amenities. This building is also very close to the new Blachford development on the old Municipal Airport lands where property values are going through the roof poising this property for some great appreciation. Key Notes: 1) This building may be purchased on one title with one mortgage 2) Super charge your cash flow – Seller willing to implement 2 additional secondary suites upon buyer request.
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