12224 88 ST NW NW new Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T5B3S8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,544 sqft
Price per Sqft $379
Subdivision Delton
MLS Listing ID E4432962
Bedrooms 10
Originating Board REALTORS® Association of Edmonton
Year Built 2013
Property Sub-Type Freehold
Property Description
Investor Alert! Incredible opportunity in Delton—a well-established neighborhood in north-central Edmonton. This exceptional side-by-side duplex features 2 fully legal units and 2 nearly legal basement suites (99% complete), offering a total of 12 bedrooms and 8 bathrooms (Two 4 bedroom/3 bath units and two 2 bedroom/1 bath units). Boasting 9' ceilings and a detached double garage, this property is ideal for savvy investors seeking strong rental income. Located minutes from NAIT, Grant MacEwan University, and downtown, it's a prime location for students and professionals. With spacious layouts, modern finishes, and high demand, this cash-flowing property won't last long! Current proforma: Total Income: $85,500 Expenses: $ $28,779.25 Net Income: $56,720 Cap: 4.2 Potential proforma as of August 2025: Total Income: $103,200 Total Expenses: $35,000 Net Income: $68,200 Cap: 5.0 (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Extra Room 1 Basement Measurements not available Bedroom 5
Extra Room 2 Main level Measurements not available Bedroom 4
Extra Room 3 Upper Level Measurements not available Primary Bedroom
Extra Room 4 Upper Level Measurements not available Bedroom 2
Extra Room 5 Upper Level Measurements not available Bedroom 3
Extra Room 6 Upper Level Measurements not available Bedroom 6
Interior
Heating Forced air
Exterior
Parking Features Yes
Fence Fence
View Y/N No
Private Pool No
Building
Story 2
Others
Ownership Freehold