12344 80st Nw, Edmonton, Alberta T5B 2P6
Posted: in
$219,000
Tremendous investment opportunity for investors in community of Elmwood park with lot of new infills and family friendly neighbourhood. This lot is 33ft x 150ft lot and you can build a front and back duplex with a legal basement suite + garden suite and take advantage of CMHC MLI program 5% down payment on a 5-unit building. Duplexes floor plans are already in place . These properties can create great cash flow if you rent a garden suite $2500/month, duplex 3 beds -$2450/month X2 and basement suite - $1300/month with income of 120K yearly. New units will have low maintenance cost. Buyer avoids demo, disposal, and potential asbestos costs. (id:45344)
Property Details
| MLS® Number | E4384168 |
| Property Type | Vacant Land |
| Neigbourhood | Elmwood Park |
| Features | See Remarks |
Building
| Stories Total | 2 |
| Type | No Building |
Land
| Acreage | No |
| Size Irregular | 460 |
| Size Total | 460 M2 |
| Size Total Text | 460 M2 |
https://www.realtor.ca/real-estate/26807609/12344-80st-nw-edmonton-elmwood-park
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May 14 2024 08:46:59
REALTORS® Association of Edmonton
Sterling Real Estate
