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11942 81 Street in Edmonton: Zone 05 House for sale : MLS(r) # E4060600

Courtesy of Andre Bharrat of Century 21 Signature Realty

11942 81 Street Edmonton T5B 2S6 : Zone 05

Main Photo: 11942 81 Street in Edmonton: Zone 05 House for sale : MLS(r) # E4060600
$264,800
Prop. Type:
Single Family
MLS® Num:
E4060600
Status:
Active
Bedrooms:
3
Bathrooms:
3
Year Built:
1914
AMAZING OPPORTUNITY!! Multiple ways to take advantage of this opportunity! Zoned RA7. Most of the street has apartment buildings on both sides of the road. Lot is approximately 696.11 m2; 15.2m wide x 45.7m deep (49.87' x 149.93'). Property has a separate entrance on the front side of the building that leads to a 2 bedroom upper level suite. Income source from the upper level suite, once owner leaves there will be room for a 2nd income source.. Looking at the income potential this property is easily underpriced (if you are doing your own Management) you would yield an approximate Cap Rate of: 7.1%+ (NOI of $18,800+; Cash-Flow: $520+/mnt.) When you get the itch to build and you're finally ready - time for redevelopment! This property is near the Coliseum LRT Station, bus stops nearby, close to Fort Road, not far from Downtown or Yellowhead Trail. A lot of restaurants & shops nearby - this is a central location where commuting is easy whether you are traveling by foot or by car. Your Investment is HERE!
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
Bungalow Semi
Total Floor Area:
Switch units of measure1,264.97 sq. ft.
Price Per SqFt:
209.33
Finished Levels:
3.0
Lot Area:
Switch units of measure7,492.87 sq. ft.
Lot Frontage:
Switch units of measure49'10"
Lot Depth:
Switch units of measure149'11ΒΌ"
Lot Shape:
Rectangular
Front Exposure:
East
Grade Level Entry:
No
Total Rooms Above Grade:
6
Year built:
1914 (Age: 103)
Bedrooms:
3 (Above Grd: 3)
Bathrooms:
3.0 (Full:2, Half:1, 2-pc Baths:1, 4-pc Baths:2)
Plan:
RN63
Heating:
Forced Air-1
Heating fuel:
Natural Gas
Construction:
Wood Frame
Foundation:
Concrete
Basement:
Full
Basement:
Full, Partly Finished
Roof:
Asphalt Shingles
Floor Finish:
Hardwood, Laminate Flooring, Non-Ceramic Tile
Fireplace:
Yes
Fireplace Fuel:
Wood
Fireplace Type:
Mantel
Parking:
Rear Drive Access, Single Carport
Parking Total/Covered:
- / -
Road Access:
Dirt
Exterior Finish:
Stucco, Wood
Floor
Type
Dimensions
Other
Main
Upper Level(s)
Upper Level(s)
Basement
Main
Upper Level(s)
Main
Floor
Ensuite
Pieces
Other
-
-
-
See Remarks
Eastwood
Eastwood
Back Lane, Playground Nearby, Schools
Dishwasher-Built-In, Hood Fan, Refrigerator, Stove-Electric, Window Coverings
Possession:
NEG.
Possession Days:
60
# Local Improvements:
0
Restrictions:
None Known
Title to Land:
Fee Simple
Land Use/Zoning:
RA7
LINC Number:
0012611654
Listed Date:
Days on Mkt:
Original Price:
Listing information last updated on 19-Jun-2017 4:35 PM
DAVID QUASCHNICK

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