Courtesy Of Stephanie Richter Of RE/MAX Elite
About 7511 112 Avenue Nw
Investment property in the desirable community of Virginia Park! This 4-plex has 75% occupancy with established tenants and grosses $5,500 a month when fully rented. The 33 X 120 lot zoned RMh16 holds many re-development opportunities. The top floor is a large 3 bedroom suite, the main floor has a 1 bedroom suite and a 1 bedroom suite with a den and there is a 2 bedroom suite in the basement. All units have their own separate entrances, shared laundry on site, the fire alarms have been upgraded in 2024 and a commercial grade Trane furnace was installed in 2021. Building has rear alley access with tandem parking and situated across from Borden park and the EXPO center. The River Valley is 4 blocks south, Concordia University is a 5 minute walk East, quick access to downtown and Wayne Gretzky Drive. Many amenities in the area including restaurants, parks, schools and public transit. Don’t miss this one.
Features of 7511 112 Avenue Nw
| MLS® # | E4400395 |
|---|---|
| Price | $470,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 1,722 |
| Acres | 0.09 |
| Year Built | 1919 |
| Type | Single Family |
| Sub-Type | 4PLEX |
| Style | 2 Storey |
Community Information
| Address | 7511 112 Avenue Nw |
|---|---|
| Area | Edmonton |
| Subdivision | Virginia Park |
| City | Edmonton |
| County | ALBERTA |
| Province | AB |
| Postal Code | T5B 0E4 |
Amenities
| Amenities | Parking-Plug-Ins, On Street, Detectors Smoke, Hot Water Tank - Energy Star |
|---|---|
| Features | Parking-Plug-Ins, On Street, Detectors Smoke, Hot Water Tank - Energy Star |
| Parking | No Garage, Rear Drive Access, Tandem |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Ceramic Tile, Laminate Flooring, Linoleum |
|---|---|
| Interior Features | Dryer, Refrigerator, Stove-Electric, Washer |
| Heating | Forced Air-1 |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Fully Finished |
Exterior
| Exterior | Stucco, Wood Shingle |
|---|---|
| Exterior Features | Back Lane, Flat Site, Low Maintenance Landscape, Playground Nearby, Public Transportation, Schools, Shopping Nearby, Partially Landscaped, Public Swimming Pool |
| Construction | Wood Frame |
School Information
| Elementary | Virginia Park School |
|---|---|
| Middle | St.Cecila/Balwin School |
| High | J H Picard/Austin O'Brien |
Additional Information
| Date Listed | August 2nd, 2024 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Stephanie Richter Of RE/MAX Elite |
|---|