4 Plex 8 units @ 149 street Edmonton

Multi-family project.

Edmonton 4Plex 8 units for sale!! Near Edmonton Downtown and convenient to shopping center and highway. Investor’s favorite floorplans: 4 upstairs units and 4 legal basement suites for a total of 8 units. This property is suitable for the CMHC MLI SELECT PROGRAM. The Upstairs unit each has kitchen, living room, laundry, 3 bedrooms, and 2.5 baths. The basement Unit each has kitchen, living room, One bedroom and 1 full bath. with SEPARATE SIDE ENTRANCES and also includes 4 detached single car garages. The property is projected to generate approximately $158,400 in annual gross rent and 5.5% cap rate. Fully finished and equipped with all SS appliances and landscaping. Near Downtown, West Edmonton Mall & Schools, shopping &public transportation all within walking distance. Features: 9′ ceilings all 3 levels, Vinyl floor throughout, quartz countertops throughout. Currently at Foundation stage. Currently at drywall stage and Possession date is estimated to be Summer 2025. Builder can assist CMHC and proforma available.