Discover this exceptional full duplex featuring four self-contained legal suites, each with two bedrooms, perfect for maximizing rental income. Each suite boasts a cozy fireplace, in-suite laundry, and a separate entrance for added privacy. The upper suites offer inviting balconies, ideal for enjoying the outdoors. Recent upgrades include new siding, windows, and doors, all completed in 2024, along with composite decking and metal railings on the balconies. The roof was replaced in 2019, ensuring long-term durability and peace of mind. Currently, three units are rented, providing immediate income and showcasing the strong rental demand in the area. With an attractive cap rate of 5.75% and the potential for nearly $1,700 in monthly cash flow, this property presents a compelling investment opportunity. Located in an inner-city neighbourhood, it offers convenient access to downtown, parks, tennis courts, ball diamonds, schools, and a hockey arena. With four parking stalls in the back and a well-maintained exterior, this property is not to be missed!
Property Type:
Multi-Family
Property Sub Type:
Full Duplex
Transaction Type:
For Sale
Home Style:
Bi-Level, Side by Side
Total Living Area:
1,760 sq. ft.164 m2
Lot Area:
6,070 sq. ft.564 m2
Year built:
1978
(Age: 46)
Bathrooms:
-
(Full:-, Half:-)
Plan:
375AM
Basement:
Separate/Exterior Entry, Finished, Suite
Structure Type:
Duplex
Ensuite:
No
Garage:
0
Parking:
Outside, Parking Pad, Side By Side, Stall
Parking Places:
4.0
Parking Total/Covered:
4 /
-
Laundry Features:
In Unit, Laundry Room
Ogden
Dryer, Electric Stove, Refrigerator, Washer
Storage Shed
None Known
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Data was last updated December 24, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,234,000
Min list price:
$248,888
Max list price:
$3,300,000
Avg days on market:
42
Min days on market:
4
Max days on market:
168
Avg price per sq.ft.:
$512.07
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.