Courtesy of Richard Wallman of RE/MAX Real Estate
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 potential of $3,000.00 per month this home can easily cash flow. The home itself had the electrical upgraded and some windows installed just prior to 2006. It has been well maintained over the years inside and out. There is shared laundry in the basement and the electrical boxes 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. 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!