About 8216-8222 120 Avenue Nw
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.
MLS #E4474660 - Active - 8216-8222 120 Avenue Nw in Edmonton, AB is a 4PLEX with roughly 4,506 sqft located in the subdivision of Eastwood. Built in 1976, this 3 bedroom and 2 bathroom residential property has a lot size of 0.06 acres. This property is currently listed for $799,800. This 4PLEX comes with Forced Air-1, Natural Gas heating. The exterior features include Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby. According to statistics, there are currently 4461 listings for sale in Edmonton. The average listing price is $525,312, with the highest listing price being $19,919,250. Enjoy your search for a new home. To request a showing, please contact one of our real estate agents.
Amenities
| Amenities |
Parking-Extra, Parking-Plug-Ins
|
| Parking Spaces |
6
|
| Parking |
Stall
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior
| Appliances |
Dryer, Refrigerator, Stove-Electric, Washer
|
| Heating |
Forced Air-1, Natural Gas
|
| Fireplace |
No
|
| Stories |
2
|
| Has Basement |
Yes
|
| Basement |
Full,Unfinished
|
Exterior
| Exterior Features |
Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby
|
| Roof |
Asphalt Shingles
|
| Construction |
Wood, Brick, Stucco, Vinyl
|
| Foundation |
Concrete Perimeter
|
Listing Details
| Office | Courtesy Of Adam T Dirksen Of Rimrock Real Estate |
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