Apartment Property Sold in West Hillhurst, Calgary at X, X, X, X, Xxxx Westmount Road Nw
Calgary - West Hillhurst
Multi-Family
Listed for: $XXXXXX
Sold 577 days ago
Gross rent of almost 55,000 per year! Annual cashflow over 38,000! Unique opportunity to own a cash-flowing rental property with huge redevelopment opportunity! This 4 unit apartment boasts 3 - 2 bedroom units, 1 - 1 bedroom unit, and shared coin laundry in the furnace/utility room. Tenants are responsible for their own electricity (separate meters), and building provides common heat and hot water. With over 60 feet of frontage, this property just had its zoning changed to M-CG which allows for up to 6 units to be developed in the future. With no vacancy and rents increasing, you can take advantage of the cashflow while you plan out your new development. High efficiency furnace, vinyl windows, and many upgrades to the units throughout the years.
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Apartment, Low-Rise(1-4) sold listing in West Hillhurst, Calgary at X, X, X, X, Xxxx Westmount Road Nw
X, X, X, X, Xxxx Westmount Road Nw
Alley Access, Double Garage Detached, Parking Pad
Dishwasher, Dryer, Electric Range, Gas Water Heater, Range Hood, Refrigerator, Washer, Window Coverings
Central, High Efficiency, Forced Air, Natural Gas
Separate/Exterior Entry, Finished, Full
Separate/Exterior Entry, Finished, Full
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