Courtesy Of John Phoa Of The E Group Real Estate.

7511 112 Avenue Nw, Edmonton

$344,900

6 Beds
4 Baths
1,800 Sqft
.09 Acre
0 Garage

Rare FOUR-PLEX located in the highly desirable Virginia Park area, facing the gorgeous Borden Park! Fully occupied and producing $3,500/month in rental income (with potential for more), with long-term tenants - BUILDING IS COMPLIANT WITH CITY OF EDMONTON. There are two 1-bedroom units on the main level, and two 2-bedroom units on the top floor and basement. This cash machine offers new chimney capping, a newer roof, newer high efficiency furnace and hot water tank, and newer siding on main level. Various other upgrades includes some windows, newer cabinets and counter tops, shower stalls and more. The rear parking area can accommodate up to 6 vehicles, and has a small sitting area for the tenants. The washer & dryer are located in the common area. This great investment is walking distance to Concordia University and the River Valley, the LRT and major bus routes, and retail shopping. It is a few minute drive to Wayne Gretzky Drive and Yellowhead Trail. ZONED RA7 for multi-family redevelopment.

Essential Information
MLS® #E4236086
Price$344,900
Bedrooms6
Bathrooms4.00
Full Baths4
Square Footage1,800
Acres0.09
Year Built1919
TypeSingle Family
Style2 Storey
StatusACTIVE
Sub-Type

Residential Detached Single Family

Community Information
Address7511 112 Avenue Nw
AreaEdmonton
SubdivisionVirginia Park
CityEdmonton
CountyALBERTA
StateAB
Zip CodeT5B 0E4
Features

Deck, Detectors Smoke, Handyman Special, Hot Water Tank - Energy Star, Laundry-Common, Parking-Plug-Ins, Parking-Visitor, Walkout Basement

Parking

On Street, Rear Drive Access, Stall, Tandem

Interior
HeatingForced Air-1
# of Stories3
Has BasementYes
BasementFull, Fully Finished, Walkout
Interior

Ceramic Tile, Laminate Flooring, Linoleum

Interior Features

Dryer, Refrigerator, Stove-Electric, Stove-Gas, Washer

Exterior
ExteriorStucco, Vinyl
RoofAsphalt Shingles
ConstructionWood Frame
FoundationConcrete
Exterior Features

Back Lane, Flat Site, Park/Reserve, Picnic Area, Playground Nearby, Public Swimming Pool, Public Transportation, Recreation Use, Schools, Shopping Nearby, Treed Lot, Partially Landscaped

School Information
ElementaryVirginia Park School
MiddleSt.Cecila/Balwin School
HighJ H Picard/Austin O'Brien
Additional Information
Date ListedApril 2nd, 2021
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Listing information last updated on August 3rd, 2021 at 2:16pm CDT.