7304 78 Avenue, Edmonton, AB
$697,500
10
Beds
4
Baths
1969
Year Built
About MLS® E4385756
Looking for cash flow??? This 4-plex is a turn key investment that is fully rented and generates $5755/month of income between four suites and the garage. You can rent it as is, or do some sprucing up to increase the rental income and property value. The property is zoned as a legal and titled 4-plex with two 3 bedroom upper suites and two 2 bedroom lower suites that all have their own full bathrooms, entrances, furnaces, and laundry. It is located on a corner RF3 zoned lot across from a park that is conveniently located close to 75 street, Argyll, the Whitemud, or Whyte avenue. There is ample parking at this property as well with the double garage, 4 stalls, and corner street parking. Rent, hold, improve and refinance, or infill...the choice is yours! Current CAP rate is 4.99% but the ARV and stabilized CAP rate can see that increase to over 6.11%!
Love where you Liv! Request a showing of 7304 78 Avenue. This Single Family home is listed at $697,500, was built in 1969, has 10 beds and has 4 baths.
Features of 7304 78 Avenue, Edmonton
| MLS® # | E4385756 |
|---|---|
| Price | $697,500 |
| Bedrooms | 10 |
| Bedrooms Above Grade | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Acres | 0.00 |
| Year Built | 1969 |
| Type | Single Family |
| Sub-Type | 4PLEX |
| Style | Bi-Level |
| Status | Active |
Community Information
| Address | 7304 78 Avenue |
|---|---|
| Area | Edmonton |
| Community | King Edward Park |
| City | Edmonton |
| County | ALBERTA |
| Province | AB |
| Postal Code | T6B 0C1 |
Amenities of 7304 78 Avenue, Edmonton
| Amenities | Detectors Smoke |
|---|---|
| Parking | Double Garage Detached |
| Is Waterfront | No |
| Has Pool | No |
Interior of MLS® E4385756
| Appliances | Dishwasher-Built-In, Garage Opener, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Microwave Hood Fan-Two |
|---|---|
| Heating | Forced Air-2, Natural Gas |
| Fireplace | No |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full,Fully Finished |
| Separate Entrance | No |
Exterior of 7304 78 Avenue, Edmonton
| Exterior | Wood, Brick, Vinyl |
|---|---|
| Exterior Features | Corner Lot, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby |
| Roof | Asphalt Shingles |
| Construction | Wood, Brick, Vinyl |
| Foundation | Concrete Perimeter |
School Information of MLS® E4385756
| Elementary | Avonmore School |
|---|---|
| Middle | Kenilworth School |
| High | McNally School |
Additional Information of 7304 78 Avenue, Edmonton
| Zoning | Zone 17 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Jeneen L Marchant Of RE/MAX Real Estate |
|---|