LEGAL 4PLEX in BANKVIEW sitting on a massive 60FTx150FT (9,000SQFT) MCG LOT . This great revenue creating property never sits vacant with a mix of (2) - 2 bedroom 1 bath, (2) - 1 bedroom 1 bath units , its generating about $4,550per month. 2 units are on the upper floor and 2 are on the ground level. This is a legal 4plex so the benefits of that are each suite has its own address, own garbage bins, separate single parking stall & own mailbox. Each unit has been renovated as needed thru out the years with newer flooring, tiles, paint, shingles, soffit/fascia, front balcony and stairs. Each unit has its own ELECTRIC & GAS meters so they are billed separately. each unit has its own front entrance , shared laundry in the utility room downstairs were you will see that each suite has its own furnace, electrical panel & hot water tank. FIRST TIME ON THE MARKET !! FULLY LEASED NEVER VACANT. PRIME LOCATION WITH DOWNTOWN VIEWS. 1729 25 Ave SW also available MLS# A2032629More details
Listed by Jasdev Dhillon
and Simran Sidhu
of REAL BROKER
INVESTOR ALERT! This full, cash-flowing, 4-unit duplex is on one title and offers four separate suites – two upper and two illegal lower suites - in the sought after community of Rosemont! Great location, bright open floor plans and stylish curb appeal make this an ideal rental! Upper suites feature high vaulted ceilings, hardwood floors, and floor-to-ceiling windows that offer phenomenal west-facing views over the beautiful Confederation Park Golf Course. Spacious kitchens include space for a dining nook as well as separate in-suite laundry in each unit, which is a huge feature in the rental market. Two large bedrooms in each unit offer an ideal layout for couples and small families. The lower units are bright and spacious with an open floor plan in the kitchen, living and dining area and feature large windows in each of the two bedrooms providing lots of natural light. Both lower suites each have in-suite laundry and a large storage room. These well maintained suites feature numerous upgrades throughout with flooring, appliances, and bathroom updates. All the units have been freshly painted and are move in ready! Ample off street parking behind the building with dedicated parking stalls, all with plug-ins and security lighting. There is also a storage shed, perfect for storing bicycles and yard tools. One unit is occupied by great renters on a month-to-month lease, who would like to stay.
The location is stellar, just steps to schools as well as miles of walking, biking and cross-country ski paths through Confederation Park, not to mention the golf course. Incredible access to downtown, K-12 schools, Foothills Hospital, SAIT, U of C, Nose Hill Park, and public transit. No more than a 20-minute drive to anywhere in Calgary.
This property stands out as a terrific investment opportunity with annual gross revenue potential of over $60K /yr and future development potential. Book your showing today!More details
Data was last updated March 24, 2023 at 02:05 AM (UTC)
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