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.
Address |
919 32 Avenue NW |
List Price |
$1,175,000 |
Property Type |
Multi-Family |
Type of Dwelling |
4 plex |
Style of Home |
Bungalow |
Area |
Calgary CC |
Sub-Area |
Cambrian Heights |
Floor Area |
2,038 Sq. Ft. |
Lot Size |
5188 Sq. Ft. |
Year Built |
1958 |
MLS® Number |
A2129137 |
Listing Brokerage |
RE/MAX Real Estate (Central)
|
Basement Area |
Separate/Exterior Entry, Finished, See Remarks, Walk-Up To Grade |
Postal Code |
T2K 0B1 |
Zoning |
M-CG d84 |
Site Influences |
Back Lane, Few Trees, Front Yard, Lawn, Low Maintenance Landscape, Landscaped, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Sidewalks, Street Lights, Street Lighting, Tennis Court(s), Near Public Transit |