Property will not last! - Investor special! $4700/month - 8% Return on Investment - 6.72% Cap Rate Fully rented - 12 Month Lease - 08/01/21-07/31/22 - Tenants PAY utilities! Less than a mile from the UofA! - Never have to worry about vacancies - This is a turn key investment. The property is fully occupied currently and always rented. Jefferson Park two homes on single lot: Live in one rent the other, live in the main house and use the guest house as a studio, or rent both: Possible group home. Main house built in 2007 has contemporary feel with 5 bedrooms, 3 bathrooms, tall ceilings and open concept, ceramic tile, and two covered patios. Guest house is 2 bed, 1 bath with its own rolling-gate entrance. Both homes have central air and ceiling fans in each room, a huge wrap-around yard, and peak-a-boo mountain views. One block away from the pedestrian and bicycle friendly Mountain Ave. and conveniently located near Campbell/Grant corridor, UofA, Banner, 4th Avenue, Streetcar and Downtown! Corner lot with two separate entrances. Has a great privacy wall screening the entire property from the street. Corner lot with two separate entrances. Do not disturb tenants. - Willing to work with buyer's agents! Reason for selling: Want to 1031 exchange for more property.
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