Prime investment opportunity in one of Edmonton?s most desirable locations! Just one block from University Avenue and only steps to the University of Alberta Hospital, this well-maintained property has previously generated approximately $65,000 per year in rental income. Offering a unique 4-level split design in the highly desirable Belgravia/McKernan neighbourhood, the home features a total of 8 BEDROOMS and 2 kitchens, making it ideal for investors, large families, student housing, shared living, or multi-generational households. The upper levels offer 4 bedrooms, a full kitchen, and a full bathroom, while the lower levels have a separate entrance, 4 additional bedrooms, a second kitchen, and another full bathroom. Recent upgrades include newer shingles, a newer hot water tank, and two newer furnaces, with separate heating systems for each level. An outstanding opportunity in a premier location close to the University of Alberta, hospital, public transit, shopping, and everyday amenities.