10682 61 AV NW Active Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T6H1L7
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,014 sqft
Price per Sqft $591
Subdivision Allendale
MLS Listing ID E4461028
Style Bungalow
Bedrooms 5
Year Built 1950
Property Sub-Type Freehold
Property Description
Investment Opportunity in Prime Allendale Location! This rental is turnkey! Fantastic suited bungalow with excellent tenants already in place—perfect for investors looking for steady rental income in one of Edmonton's most sought-after central neighbourhoods. This well-maintained property offers 5 bedrooms total (3 up, 2 down) and two self-contained suites, making it ideal for maximizing rental potential. The home sits at the crossroads of the city, offering exceptional accessibility to the University of Alberta, Whyte Ave, downtown, and major transit routes. Numerous updates have been completed over the years, and the home has been very well cared for by both owners and tenants. A large detached garage with alley access adds extra rental appeal and storage options. Currently generates just shy of 30k with a cap rate of 4.5%. Zoned RF3 for future potential and surrounded by redevelopment—this is a smart long-term hold with great current returns. Don't miss your chance to invest in Allendale! (id:24570)
Location
Province AB
Rooms
Kitchen 1.0
Interior
Heating Forced air
Exterior
Parking Features Yes
Fence Fence
View Y/N No
Building
Story 1
Others
Virtual Tour https://3dtour.listsimple.com/p/cuuotAlt