8108 124 Avenue, Edmonton, AB T5B 1C1

Courtesy of Dustin Batuik of Sterling Real Estate.

$449,900
6
BD
2
BA
1,135
SqFt

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List Price
$449,900
MLS® #
E4512089
Bedrooms
6
Bathrooms
2
Year Built
1958
Region
Edmonton
Community
Elmwood Park

Property Description

CORNER LOT with an 1,135 Sq.Ft RAISED Suited Bungalow *** 50 x 150" Lot *** RM (Medium Scale Residential) zoned whic allows for multi-unit residential development ranging from approximately 4 to 8 storeys. This property features a a legal Secondary Suite home that has an existing 3 bedroom Up & 3 Bedroom Down suite arrangement. Total Revenue between up & down totals $3,525/Month. Property has various upgrades including TWO Brand New Furnaces (2025), Hot water Heater, Vinyl floors, Kitchen updates and a Water Proofed basement worth $50,000 (2013). The property also has a Double Detached Garage & a Long term Upstairs tenant who caretakes the property. The zoning also allows for Daycare Services & other professional / commercial uses. This property maintains a Positive Cash flow & has a Coveted High Density Lot size & Zoning

Additional Information

Parking Spaces
4
Garage
Yes

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Calculator source: Real Geeks

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