About MLS® E4474660
Brokerage Name:
Rimrock Real Estate
Agent Name:
Adam T Dirksen
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.
Key Details
| MLS® # | E4474660 |
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| Price | $799,800 |
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| Bedrooms | 3 |
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| Bathrooms | 1.5 |
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| Square Footage | 4506.24 |
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| Property Type | Residential |
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| Subtype | Quadruplex |
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| Year Built | 1976 |
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| Zoning | Zone 05 |
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| Ownership | Private |
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| Direction Faces | South |
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Location Information
| Address | 8216-8222 120 AV NW |
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| Community | Eastwood |
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| City | Edmonton |
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| Province | AB |
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| Postal Code | T5B 0X9 |
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Features & Amenities
- Dryer
- Refrigerator
- Stove-Electric
- Washer
- Landscaped
- Playground Nearby
- Public Transportation
- Schools
- Shopping Nearby
- Forced Air-1
- Natural Gas
- Concrete Perimeter
- Asphalt Shingles
- Parking-Extra
- Parking-Plug-Ins
- Stall
Map Location
