University Buy-and-Hold: 4-Unit Cash Flow Engine Finding an exceptional buy-and-hold asset usually means compromising on location or layout—but this unique side-by-side bi-level duplex delivers both. Located minutes from the University, this cash-flow engine features fully legal basement suites, offering four distinct income streams in a near-zero vacancy market. The bi-level layout is an investor's secret weapon. Main levels offer bright living spaces transitioning to private, elevated balconies. Because of the design, the lower units sit partially above grade, completely eliminating that dark basement feel. Massive, oversized windows flood the legal lower suites with natural light, making them just as inviting as the main floors. With moderate renovations already completed, the heavy lifting is done for a clean, stable asset from day one. The property features a sun-drenched, south-facing backyard and a double detached garage perfect for generating additional parking or storage revenue.
Address
10727/10729 64 AV NW
List Price
$775,000
Property Type
Residential
Type of Dwelling
Duplex
Style of Home
Bi-Level
Transaction Type
Sale
Area
Edmonton
Sub-Area
Allendale
Bedrooms
8
Bathrooms
4
Floor Area
1,705 Sq. Ft.
Lot Size
5714.02 Sq. Ft.
Lot Shape
Rectangular
Year Built
1976
MLS® Number
E4493129
Listing Brokerage
RE/MAX Elite
Postal Code
T6H 1T1
Zoning
Zone 15
Parking
Double Garage Detached
Parking Places (Total)
2
Community Features
Deck
Exterior Features
Back Lane, Landscaped, No Through Road, Playground Nearby, Public Transportation, Schools, Shopping Nearby
Heat Type
Forced Air-2, Natural Gas
Construction Materials
Wood, Asphalt, Vinyl
Direction Faces
North
Fireplace
No
Foundation Details
Concrete Perimeter
Garage Type
Yes
Roof
Asphalt Shingles
Access To Property
Paved