Great opportunity for the hands on investor, group homes, or possible retired couple looking to downsize and add cash flow. This legal 4 plex is located close to all amenties including shopping, entertainment, and schools, It is also close to public transportaion including the LRT. The suite mix is 3-2bedrooms and 1-1bedroom. The current rents are low by CMHC's current Edmonton rental report and could be increased.
Pro-Forma Summary
Gross Income: $36,900.00
Expenses: $15,628.00
Net Operating Income $21,009.00 (not including debt service)
Attached is a full pro-forma.
Listing Agent: Bernie Krec
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** The Estimated Payment and Mortgage Calculator are offered as a tool for your convenience and is not an offer or credit. Based on U.S. rates. Actual mortgage rates and fees may vary, so check with your local lender for information.
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