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$ 1,175,000
Est. payment | /mo
2,037 SqFt
$ 1,175,000
Est. payment | /mo
2,037 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,037 sqft
Price per Sqft $576
Subdivision Cambrian Heights
MLS® Listing ID A2129137
Style Bungalow
Originating Board Calgary Real Estate Board
Year Built 1958
Lot Size 5,188 Sqft
Acres 5188.2046
Property Description
Attention Investors! Immaculate, updated legal 4-plex ideally located in Cambrian Heights, 1 block to Confederation Park. Current income $60,000/year. Current insurance is $2,756/year. Newer white kitchens and bathrooms in all units! Fully rented, main floor features 2 bedroom suites with hardwood floors. The lower levels are both very large 1 bedrooms. Easy access everywhere! Main floor sq footage is 2037 sq ft.. Meticulously maintained, the property boasts newer white kitchens and bathrooms with ceramic tiling in all units. Updates include 4 furnaces 2007 and shingles replaced in 2011, ensuring the building's efficiency and structural integrity. Hot water tanks were replaced between 5-8 years ago. Each unit features hardwood floors on the main level, providing a warm and inviting living space. Off-street parking for 4 vehicles is available at the back of the property. The sale includes 4 refrigerators, 4 electric stoves, 2 dishwashers, 2 washers, 2 dryers, and 2 storage sheds. The window coverings owned by the sellers are also included.The total size of the property is 3,901.85 square feet, with the main level measuring 2,037.72 square feet and the basement 1,864.13 square feet. The 50ft frontage lot offers ample space for outdoor enjoyment. Title and Real Property Reports are available in the supplements on the listing.Currently, the property generates a monthly income of $5,000,, which is considered low for the area, presenting an opportunity for potential growth. Rents on some other units in comparable properties are higher. Don't miss the chance to own this well-maintained and income-generating property in a desirable location. (id:24570)
Location
Province AB
Interior
Heating Other, , See remarks
Flooring Carpeted, Ceramic Tile, Hardwood
Exterior
Garage No
Fence Partially fenced
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Landscaped, Lawn
Story 1
Architectural Style Bungalow
Others
Ownership Freehold
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