We are excited to present to you an exceptional investment opportunity that will surely capture the attention of seasoned investors like yourself. This is a rare offering for a revenue-generating inner city 8 unit legal rental building located in Calgary’ Inner City. With its prime location, close to SAIT, University, Shopping, Transit and recreation such as Confederation Park this truly is a unique investment opportunity. You can expect a strong return on your investment, and utilization potential of the CMHC Select Program, this listing presents an opportunity to maximize your clients' investment potential. This spacious 4-plex townhome with legal basement suites offers a modern open floorplan with 3 bedrooms upstairs, perfect for comfortable living. With 2.5 baths and laundry facilities included, convenience is key. But that's not all – this property also features four legal 1-bedroom basement suites, each with its own separate entrance and laundry amenities, providing both versatility and potential rental income. Don't miss out on this chance to own a property with endless possibilities. Schedule your viewing today!More details
Fantastic investment opportunity for a multi-family property! This legal four-plex of nearly 3,800 square feet, boasts four very well-maintained two-bedroom suites, each equipped with its full set of appliances including a fridge, stove, washer, dryer, and dishwasher in each unit. Situated on prime redevelopment land, on a double deep lot, in the up-and-coming Inglewood neighborhood. This property offers an annual rental gross revenue of $92,000, net revenue translates to a 5% cap rate. Both upper suites were recently renovated with new appliances, flooring, fixtures, and paint. A highly sought-after community for renters, with the property being completely rented out for more than 12 years straight. Beautiful parkland surroundings, steps away from the Bow River. Its strategic location, and proximity to transit, downtown, Deerfoot Trail, and Blackfoot Trail, ensures consistent tenant demand. Each suite has large windows in the raised basements, enhancing their appeal to potential tenants. The property also includes a double detached garage, two spots included as part of the current revenue. NO SIGN ON PROPERTY. PLEASE DO NOT DISTURB THE TENANTS. Tenants rights apply so please allow enough notice for showing. Only one unit is available for showings prior to an accepted offer.More details
Data was last updated March 4, 2024 at 08:05 PM (UTC)
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