One of Calgary’s premier legal fourplexes, ideally located next to the Botanical Gardens of Silver Springs and Bowmont Park. This fully leased, turn-key investment generates $76,560 in annual gross income and spans 4,350 sq. ft., featuring two 3-bedroom upper suites, one 3-bedroom lower, and one 2-bedroom lower for broad rental appeal. Also all units have there own insuite laundry. Extensively upgraded with a 2-ply bitumen roof (2009), complete lower-suite renovations (2011), high-efficiency furnaces (2014), new main-floor windows (2020), new water heaters (2018 & 2024), updated bathrooms, fresh exterior paint, improved grading. Includes three rear parking stalls plus an insulated double attached garage with a steel roof. Professionally managed by Parallel Property Solutions with all maintenance current; management services may be retained. A low-maintenance, cash-flowing asset offering strong returns in a highly desirable, easy-to-rent Silver Springs location. Unit financials and specifics available in supplements. (id:55577)
Property Features
- MLS® Number A2270068
- Price $1,200,000
- Square Footage: 1173 sqft
- Property Type: Multi-Family
- Community Name: Silver Springs
- Parking Space Total 5
- Plan 1210lk
Buildings
| Constructed Date | 1973 | Size Interior | 1173 Sqft |
| Total Finished Area | 1173 Sqft | Type | Multi-family |
Land
| Acreage | No | Size Irregular | 337.00 |
| Size Total | 337 M2|0-4,050 Sqft | Size Total Text | 337 M2|0-4,050 Sqft |
| Zoning Description | R-cg |
Agents and Offices
- David Magnan
- Office: Royal LePage Benchmark