An exceptional turnkey investment opportunity in the heart of South Calgary, this fully legal fourplex sits on a prime 50' x 125' lot in one of the city's most sought-after neighborhoods. Each of the four self-contained units boasts two bedrooms, in-suite laundry, a dedicated furnace, and a separate electrical panel. The two front units include an additional two-piece bathroom and private balconies, while the south-facing backyard provides ample outdoor space for tenant enjoyment.This property has been well-maintained and thoughtfully upgraded over the years, including new windows installed just last year. With four assigned parking stalls and plenty of room for a future four-car detached garage, it offers both immediate rental income and future development potential. Tenants pay their own utilities, as all units are separately metered for gas, heat, and water.Situated just minutes from downtown, Marda Loop, and the lively 17th Avenue district, this property is in an area known for its strong rental demand, excellent amenities, and unbeatable walkability. An investor’s dream, this well-maintained fourplex assures consistent cash flow and attracts quality tenants year-round. (id:55577)
Property Features
- MLS® Number A2196620
- Price $1,299,990
- Square Footage: 2000.52 sqft
- Property Type: Multi-Family
- Community Name: South Calgary
- Parking Space Total 4
- Plan 4479p
Buildings
| Appliances | See Remarks | Constructed Date | 1973 |
| Construction Material | Wood Frame | Heating Fuel | Natural Gas |
| Heating Type | Forced Air | Size Interior | 2000.52 Sqft |
| Total Finished Area | 2000.52 Sqft | Type | Multi-family |
Parking
| Other |
Land
| Acreage | No | Size Irregular | 580.00 |
| Size Total | 580 M2|4,051 - 7,250 Sqft | Size Total Text | 580 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-c1 |
Agents and Offices
- Susanita de Diego
- Office: Coldwell Banker Mountain Central