Exceptional investment opportunity featuring a five-unit residential income property located in Calgary. This purpose-built asset offers high-quality construction and immediate cash flow.*** The property spans 5,276 sq. ft. of above-grade living space across two buildings, complemented by a 3,334 sq. ft. underground parkade providing secure parking and tenant convenience. The asset includes four well-designed rental units (a mix of two-bedroom and one-bedroom suites), each featuring: - Private walk-out decks or patio access - Full kitchens and in-suite laundry - Four-piece bathrooms - Dedicated storage and parking*** Additionally, the property includes a three-storey, three-bedroom principal residence currently occupied by the owner. This component offers a significant value-add opportunity, as it could be converted into a fifth income-producing unit or a short-term rental to further increase revenue potential”. (id:55577)
Property Features
- MLS® Number A2314809
- Price $2,800,000
- Square Footage: 5276 sqft
- Property Type: Multi-Family
- Community Name: West Hillhurst
- Plan 1197fw
Buildings
| Constructed Date | 2022 | Size Exterior | 5276 Sqft |
| Size Interior | 5276 Sqft | Total Finished Area | 5276 Sqft |
| Type | Multi-family |
Land
| Acreage | No | Size Irregular | 412.00 |
| Size Total | 412 M2|4,051 - 7,250 Sqft | Size Total Text | 412 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-c1 |
Agents and Offices
- Paul Ramikie
- Office: Real Broker