Courtesy Of Harmehak Dhawan Of Sterling Real Estate

12344 80st Nw, Edmonton

$219,000

0 Beds
0 Baths
.11 Acres
0 Parking Spaces

Tremendous investment opportunity for investors in community of Elmwood park with lot of new infills and family friendly neighbourhood. This lot is 33ft x 150ft lot and you can build a front and back duplex with a legal basement suite + garden suite and take advantage of CMHC MLI program 5% down payment on a 5-unit building. Duplexes floor plans are already in place . These properties can create great cash flow if you rent a garden suite – $2500/month, duplex 3 beds -$2450/month X2 and basement suite - $1300/month X2 with income of 120K yearly. New units will have low maintenance cost. Buyer avoids demo, disposal, and potential asbestos costs.

Essential Information
MLS® #E4384168
Price$219,000
Bathrooms0.00
Acres0.11
TypeSingle Family
Sub-TypeVacant Lot/Land
Style2 Storey
Community Information
Address12344 80st Nw
AreaEdmonton
SubdivisionElmwood Park
CityEdmonton
CountyALBERTA
StateAB
Zip CodeT5B 2P6
Exterior
Exterior FeaturesSee Remarks
Additional Information
Date ListedApril 25th, 2024
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Listing information last updated on May 7th, 2024 at 2:47pm MDT.