Amazing investment property or an affordable first home. Located literally steps to NAIT, this condo is currently rented $1100/month and the tenants paid their own utilities! With a CAP rate of 6%, this clean, 2 bedroom, 1.5 bathroom property is ideal for cash flow and rentability. Inside the unit, the main floor has the living room, kitchen with stainless steel appliances, a huge pantry with extra storage, and half bathroom. The lower level has the 2 bedrooms, a full bathroom, and laundry room. Other great features are that the whole unit was freshly painted, there's tankless hot water, and the west facing veranda is covered and private for being on the main road.
Address
5 11811 106 Street
List Price
$164,500
Sold Price
$161,500
Sold Date
16/06/2023
Type of Dwelling
Apartment
Area
Edmonton
Sub-Area
Westwood (Edmonton)
Bedrooms
2
Bathrooms
1.1
Floor Area
74,164 Sq. Ft.
Year Built
2009
MLS® Number
E4342402
Listing Brokerage
Re/max Real Estate
