4 plex Property Sold in South Calgary, Calgary at Xxxx Xx Avenue Sw

If you like being a landlord this is an investor's dream….not only is it a 50 x 1 25 lot located in the heart of South Calgary this one building offers 4  Fully legalized units. This 4Plex has each unit self-contained with its own furnace, electrical panel & in-suite laundry. Each unit contains 2 bedrooms, one main 4piece bath each, full kitchen with fridge, stove, and hood fan. These units have been well-maintained & upgraded over the years. The 2 front units each have balconies with views of the front street. The back of the building is south facing with a Great size backyard for the tenants to use. Large parking space with 4 assigned parking spots. Lots of space for a future 4 car detached garage development. The whole building Rents for approximately $6000 a month & there is room to adjust current rents in the future, Leases exclude utilities tenants pay their own utilities which include gas, heat, and water. Units are separately metered. MC-1 zoning opens up the possibilities of a land assemble play with your neighbours to the west. Make sure to check out not only the photos but the virtual tour of unit 1 for an example of the units in the building. Please contact me if interested or have questions. The property is situated in a neighbourhood with a plethora of amenities and shopping for the tenants to enjoy. This property will always be rented to quality tenants as you are in the heart of Calgary’s most desired neighbourhoods close to downtown, Marda Loop & the hip vibrant 17th Ave. Don’t miss out on this great long-term hold as we are in a rental increase environment & ones like this don’t come up very often!

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Bi-Level, Side by Side sold listing in South Calgary, Calgary at Xxxx Xx Avenue Sw

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