Charming 1500 sf 2 storey home in Newton that has 3 registered Suites with the City of Edmonton! The basement is a 1 bedroom suite, main floor a 2 bedroom suite and the upper level a 2 bedroom suite. This is a great opportunity to live in the home and subsidize your mortgage or purchase as a revenue property. With revenue of $2,700.00 per month this home can easily cash flow. The home itself had the electrical upgraded and some windows installed just prior to 2006. New HWT March 2019. There is shared laundry in the basement and the electrical meters for each unit are in that room also. There is a double garage that has a furnace but the gas line from the home to the garage was disconnected. Garage is in good shape plus there is also an extra parking stall beside the garage for a vehicle or RV. Low maintenance yard! The neighborhood is seeing lots of renewal and directly north of this home is a brand new duplex. Great opportunity to get into the home or rental market!
Residential Detached Single Family
Double Garage Detached, Off Street, On Street
Dishwasher-Built-In, Dryer, Fan-Ceiling, Refrigerator, Stove-Electric, Washer, See Remarks
Back Lane, Fenced, Flat Site, Fruit Trees/Shrubs, Low Maintenance Landscape, Public Transportation, Schools, Shopping Nearby
Courtesy Of Richard Wallman Of RE/MAX Real Estate
Courtesy Of Richard Wallman Of RE/MAX Real Estate.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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Listing information last updated on September 22nd, 2019 at 11:16am CDT.