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$ 1,200,000
Est. payment | /mo
2,384 SqFt
$ 1,200,000
Est. payment | /mo
2,384 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2384
Square Footage 2,384 sqft
Price per Sqft $503
Subdivision Renfrew
MLS® Listing ID A2335405
Style Bi-level
Year Built 1971
Lot Size 5,963 Sqft
Acres 0.13689639
Property Sub-Type Freehold
Property Description
Excellent investment opportunity in the established community of Renfrew, just minutes from downtown Calgary. 50 x 120 M-C2 lot with views of downtown. This property features four identical bilevels (A through D). Rare 3-bedroom units are easy to rent! Recent updates include all furnaces in 2018, updated kitchens, and tile and vinyl flooring in most units within the last 10 years, the property has vinyl windows and newer doors but the age is unknown. The main floor of each unit features a bright, open layout with vaulted ceilings, a spacious living room with a wood burning fireplace, a separate dining area, and a well-designed kitchen. The lower levels offer 3 bedrooms, a 4 piece bathroom, and a laundry + mechanical room. Vinyl plank flooring and tile provide durability and easy maintenance throughout. This is an excellent opportunity to own a well-located income property close to downtown Calgary with lots of future potential. Separate utility meters on all 4 units. Gross annual income is $80,400. Projected annual income with increased rents is 90,000. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling None
Flooring Carpeted, Tile, Vinyl
Fireplaces Number 4
Exterior
Parking Features No
Fence Not fenced
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Architectural Style Bi-level
Others
Ownership Freehold
NEARBY SCHOOL & BUSINESS
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