8216-8222 120 AV NW, Edmonton, AB T5B 0X9, Canada
8216-8222 120 AV NW
Courtesy of Rimrock Real Estate, Adam T Dirksen Listing Contact: +1 780-222-7200 

8216-8222 120 AV NW

8216-8222 120 AV NW, Edmonton, AB

$799,800 CAD

HIGHLIGHTS
  • 3 Beds
  • 1 Full Bath
  • 1 Half Bath
  • 2,497.66 Sq.Ft. Lot
  • 4,506.24 Sq.Ft. Living
  • 1976 Year Built
  • For Sale Status
  • E4474660 MLS® ID
Fantastic investment opportunity in Eastwood! This well-maintained 4-plex offers four self-contained two-storey units, each over 1,100 sqft. (4500 total building) plus a full undeveloped basement. Registered as a condominium (Units 1-4). Each unit features 3 bedrooms, a spacious living room, dining area with patio access, kitchen with ample cabinetry, a 2-piece main bath, and a 4-piece bath. Total of 12 bedrooms, 4 full baths, and 4 half baths. Fully landscaped with 6 parking stalls and conveniently located near public transit and downtown Edmonton. Current rental income is approx. $1,450/month per unit, excluding utilities. Excellent revenue potential--must see! Majority of the units have been renovated. Large plot of land at 7000 sqft making this a potential hold and develop property. Gross income is $69,600 per year with a 5.5%-6% cap rate. All leases in place till end of 2026.
Show MoreShow Less
Adam Dirksen

Adam Dirksen

REALTOR®
Phone

780.221.3475

Features and Amenities

Interior

  • Total Bedrooms3
  • Total Bathrooms1.5
  • Full Bathrooms1
  • Half Bathrooms1
  • FlooringCarpet, Vinyl Plank
  • APPLIANCESDryer, Refrigerator, Stove-Electric, Washer

Area & Lot

  • Status For Sale
  • Living Area4,506.24 Sq.Ft.
  • Lot Area2,497.66 Sq.Ft.
  • MLS® IDE4474660
  • TypeMulti-Family
  • YEAR BUILT1976
  • Architecture Styles2 Storey

Exterior

  • STORIES2
  • Garage Spaces6.0
  • roofAsphalt Shingles
  • parkingStall
  • HEAT TYPEForced Air-1, Natural Gas
  • SubstructureConcrete Perimeter
  • other exterior FeaturesLandscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby

Financial

  • Sales Price$799,800 CAD

WORK WITH US

We are committed to excellence at every step of the process and because we are a boutique real estate brokerage, we can leverage our decades of experience with some of the largest and most prestigious global companies, and combine it with a more personalized approach and experience.

Contact Us