8216-8222 120 AV NW
Edmonton T5B 0X9
MLS® Number: E4474660
$ 799,800
3
BEDROOMS
1 + 1
BATHROOMS
4,506
SQUARE FEET
1976
YEAR BUILT
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.
| COMMUNITY | Eastwood |
| PROPERTY TYPE | Quadruplex |
| BUILDING TYPE | 4PLEX |
| STYLE | 2 Storey |
| YEAR BUILT | 1976 |
| SQUARE FOOTAGE | 4,506 |
| BEDROOMS | 3 |
| BATHROOMS | 1.50 |
| BASEMENT | Full, Unfinished |
| AMENITIES | Parking-Extra, Parking-Plug-Ins |
| APPLIANCES | Dryer, Refrigerator, Stove-Electric, Washer |
| COOLING | |
| FIREPLACE | |
| FLOORING | Carpet, Vinyl Plank |
| HEATING | Forced Air-1, Natural Gas |
| LAUNDRY | |
| LOT FEATURES | Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby |
| PARKING | Stall |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingles |
| TITLE | Fee Simple |
| BROKER | REALTORS® Association of Edmonton |
| ROOMS | DIMENSIONS (m) | LEVEL |
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