10550, 10552 62 AV NW, Edmonton
- Duplex
- 10 bedrooms
- 6,423 sq ft lot
- Edmonton
About This Property
Built as a revenue property or perfect for large families, this Allendale up/down duplex situated on a 50’ x 124’, 597 m2 lot pairs a practical income-focused layout with inviting, renovated interiors. 5 bdrms on each level create flexibility for rental arrangements, while separate entrances, laundry, furnaces, HWTs & electrical meters support independent living. Upstairs, an open living and dining area brings everyone together around a generous kitchen with Quartz counters, wood cabinetry, S/S appliances & center island. Large windows brighten both levels, including the lower kitchen & comfortable living space. Renovations completed in 2020 included kitchens, windows, flooring, bathroom updates & mechanical equipment. A mature, tree-lined street, fenced yard, storage shed & rear-lane parking add appeal & convenience. Based on 2025 income & operating expenses, the asking price reflects an approximate 6% cap rate, offering investors a compelling opportunity to grow their portfolio in Allendale (id:67301)
Property Details
Building & Features
Building
- Building type
- Duplex
- Style
- Raised bungalow
- Storeys
- 1
Interior
- Basement
- Finished, Full, Suite
- Secondary suite
- Yes
- Heating
- Forced air
- Fireplace
- No
- Appliances
- Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Two Refrigerators
Parking
- Garage and parking
- Rear, See Remarks
Lot and land
- Lot dimensions
- 596.68
- Lot features
- Lane
- Fencing
- Fence
Ownership and fees
- Ownership
- Freehold