Courtesy of Jordan Seitz of Real Broker
MLS® # E4430866
TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 51.69% (SELF MANAGED) or 39.99% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $10,050 w/ annual gross revenue of $120,600 & cap rate of 5.66-6.25%. Cash Flow After Debt Service – SELF MANAGED $25,462 or $16,103 MANAGED. LRT access to Grant MacEwan, U of A, Downtown, ICE District. Close to Kingsway Mall, Royal Alex & Glenrose Hospital. Three 2-Storey Suites w/ 3...