Edmonton: Potential for $2225/month Cash Flow

[InvestinAlberta]

I have an investment property for sale in the desirable area of Allendale in Edmonton. Close to U of A and Southgate Mall.

It is 1139 sq raised bungalow and has a 2 bedroom LEGAL basement suite approved under the City of Edmonton Cornerstone program. Both the main floor and basement suites are self contained with separate entrances and laundry facilities.

There is a single attached garage with potential of building a detached double garage at the back (back alley access) for additional revenue stream. Renovations include - newer roof, furnace, hot water tank, basement (2012), laminate, kitchen and windows.

The 3 bedroom main floor is rented for $1,200 with a potential of rasiing the rent to $1,350. The basement suite is rented for $895 plus utilities. Please send me an email for more information and pictures.

Contact this website admin. if you are interested.