This property is listed by RE/MAX Elite.
Data was last updated 2025-06-25 at 20:18:11 GMT
University Buy-and-Hold: 4-Unit Cash Flow Engine Finding an exceptional buy-and-hold asset usually means compromising on location or layout?but this unique side-by-side bi-level duplex delivers both. Located minutes from the University, this cash-flow engine features fully legal basement suites, offering four distinct income streams in a near-zero vacancy market. The bi-level layout is an investor's secret weapon. Main levels offer bright living spaces transitioning to private, elevated balconies. Because of the design, the lower units sit partially above grade, completely eliminating that dark basement feel. Massive, oversized windows flood the legal lower suites with natural light, making them just as inviting as the main floors. With moderate renovations already completed, the heavy lifting is done for a clean, stable asset from day one. The property features a sun-drenched, south-facing backyard and a double detached garage perfect for generating additional parking or storage revenue.
Listing Information
- Prop. Type:
- Duplex
- Property Style:
- Bi-Level
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4493129
- Bedrooms:
- 8
- Neighbourhood:
- Allendale
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $775,000
General Information
- Year Built:
- 1976
- Total Square Feet:
- 1705ft2
Additional Information
- Basement Dev:
- Full, Finished
- Parking:
- Double Garage Detached
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.