$3,960,000
Unlock Price Rating!

8269 29 AV NW, Edmonton, AB T6K3J9

- Beds
0 Baths
24,983 Sq Ft

What a great investment opportunity at $165, 000 per door! You can own 24 out of 72 units in a townhome complex, each individually titled. There's a mixture of 17 two-story 1044 sq.ft units, and seven 1033 sq.ft bungalow townhomes in this portfolio... all of which are 3 bedrooms! Rents are currently an average of $1, 100 and being increased as leases are up for renewal, but you can easily increase to $1, 300 on average to reflect market rents (this is shown in the stabilized proforma figures). The current cap rate is 3.46% and again can easily be increased to 5.41% by just going to market rents. The exterior has been completely updated. Also great as a BRRR because the photos reflect the average unit which could use renovations if you want to renovate and refinance, or rent as is. Move in ready and currently professionally managed. Low condo fees, close to schools, parks, transit, and amenities makes us a solid investment for any portfolio. No VTBs or creative financing please. (id:55598)

  • MLS® E4403094
  • Date Listed08/22/2024
  • Days on Realty 26 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 49,223 sq. ft
  • Subdivision Tipaskan
  • Year Built 1977
  • Square Feet 24,983 sq. ft
  • Price Per Sq. Ft $158.51

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 49,223.00
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in AB / T6K3J9

Source: Walkscore

64/100

Somewhat Walkable

Walk Score ®

43/100

Some Transit

Transit Score ®

68/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

8 nearby routes: 8 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 46/100, Bike Score: 56/100.

Points of interest near 8269 29 AV NW, Edmonton, AB T6K3J9

Frequently Asked Questions for 8269 29 AV NW

Source: Realty.com

8269 29 AV NW, Edmonton, AB T6K3J9 is a Other, Residential Income property listed for $3,960,000 The property is 24983 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 13 photos of 8269 29 AV NW.

Our records indicate that 8269 29 AV NW was built in 1977.

The full address for this home is 8269 29 AV NW, Edmonton, AB T6K3J9.

8269 29 AV NW has been listed on Realty.com since Thu August 22, 2024

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 46/100, Bike Score: 56/100.

Listing provided courtesy of: RE/MAX Real Estate (tel: (780) 488-4000)
Listing agent: Jeneen L. Marchant (tel: (780) 488-4000)

This content last refreshed on 2024-09-17 19:08:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 8269 29 AV NW, Edmonton, AB T6K3J9 : MLS® E4403094