3539 79 Street, 4 Plex, Richfield, Edmonton, AB, T6K 0G1, Canada

Description

This is the investment you have been looking for! Imagine owning 4 townhouses with NO condo fees! At a purchase price of $875,000 for the whole building, consider each unit worth $218,750 and currently renting for $1,200. The cash flow is much better than for equivalent townhomes with condo fees.

The tenants pay their own utilities. These spacious 1235 sq ft homes each has a living room, kitchen, dining area and 2 piece bath on the main floor, 3 bedrooms (big masters!) and a 4 piece bath upstairs, plus open basements with laundry areas. Each townhome also has vinyl windows and newer doors, a private fenced yard, shed and 2 parking stalls.

These are comfortable homes which attract long-term tenants. Two elementary schools are just a block away. This building is in a great location, across from the Leefield Community Centre and a huge park and playground