Investor Alert! Nestled on a beautiful tree-lined street in the mature community of Alberta Avenue, this raised bungalow with a legal basement suite is a cashflow dream. Offering 5 bedrooms total (3 up, 2 down), 2 kitchens, 2 full baths, and separate laundry on each level, it’s perfect for rental income or living in one unit while renting the other. Enjoy a separate entrance, fully fenced yard, and new furnace. The double detached garage is also rented, bringing in additional income. Currently generating $2,585/month (utilities paid by tenants), this home is fully permitted and inspected by the City of Edmonton. Located minutes from NAIT, downtown, Royal Alex Hospital, transit routes, rec centres, and walking trails—this is the kind of turn-key investment that doesn’t come around often! (id:51532)
| Property Summary |
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| Building |
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| Land |
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| Level | Rooms | Dimensions |
|---|---|---|
| Basement | Bedroom 4 | 2.28 m x 2.81 m |
| Bedroom 5 | 2.79 m x 2.62 m | |
| Second Kitchen | 0.83 m x 3.05 m | |
| Main level | Living room | 3.74 m x 5.74 m |
| Dining room | 3.08 m x 3.24 m | |
| Kitchen | 2.78 m x 4.23 m | |
| Primary Bedroom | 2.93 m x 3.13 m | |
| Bedroom 2 | 2.57 m x 3.08 m | |
| Bedroom 3 | 2.58 m x 3.07 m |
| Features | |||||
|---|---|---|---|---|---|
| See remarks | Flat site | Lane | |||
| Detached Garage | Garage door opener remote(s) | Garage door opener | |||
| Hood Fan | Dryer | Refrigerator | |||
| Two stoves | Two Washers | Dishwasher | |||
| Suite | |||||
