Duplex Property Sold in Cambrian Heights, Calgary at Xxx & Xxx Xx Avenue Nw

This turn-key legal 4 plex has recently undergone a substantial renovation, including the legalization of both basement suites, new windows, exterior paint & landscaping, furnaces(3), water tank, roof, landscaping/yard space & two suite renovations totaling nearly $200,000 in capital expenditures since 2021. Offering a total of 7 bedrooms, 4 bathrooms & over 3300 square feet of living space over 4 units, private fenced yards, storage sheds and newly graded driveways with parking for 4 and located just one block to Confederation Park, walking paths, tennis/pickleball courts, a dog park, public transportation and just a short 7-minute commute downtown. Currently generating $8000/mth in rental income and showing a 6.4% cap rate, these opportunities simply do not present themselves often. Good standing leases in place, self-managed complex, professional tenants with exceptional location appeal.

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Bungalow, Side by Side sold listing in Cambrian Heights, Calgary at Xxx & Xxx Xx Avenue Nw

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