A rare opportunity to own a true purpose-built four-plex on a large lot in Bowness. Designed as four self-contained residences, the property features a four-corner layout with two units at the front and two at the rear, each with its own private entrance and functional two-level floor plan. Every unit offers a kitchen and living room on the main level, with two bedrooms, laundry and 1 bathroom downstairs, providing tenants with excellent separation between living and sleeping spaces. Each residence has its own furnace and hot water tank and is separately metered for gas and electricity, with tenants paying their own utilities. All four units also feature a private balcony and fully fenced yard, a major advantage for tenants with children or pets. The property includes rear parking for four vehicles, a storage shed, a roof replaced in 2016 and two recently replaced hot water tanks. Currently fully rented and generating $6,800 per month in rental income. Conveniently located close to transit, schools and shopping, helping attract a wide range of renters. A strong long-term investment in an established Calgary community with four purpose-built rental units and excellent tenant amenities. (id:55577)
Property Features
- MLS® Number A2341586
- Price $1,299,000
- Square Footage: 1986 sqft
- Property Type: Multi-Family
- Community Name: Bowness
- Parking Space Total 4
- Plan 6833jk
Buildings
| Basement Development | Finished | Basement Features | Separate Entrance |
| Basement Type | Full (finished) | Constructed Date | 1969 |
| Construction Material | Wood Frame | Exterior Finish | Stucco |
| Foundation Type | Poured Concrete | Heating Fuel | Natural Gas |
| Heating Type | Forced Air | Size Interior | 1986 Sqft |
| Total Finished Area | 1986 Sqft | Type | Multi-family |
Land
| Acreage | No | Size Depth | 44.61 M |
| Size Frontage | 19.24 M | Size Irregular | 708.00 |
| Size Total | 708 M2|7,251 - 10,889 Sqft | Size Total Text | 708 M2|7,251 - 10,889 Sqft |
| Zoning Description | M-c1 |
Agents and Offices
- Andrew Jones
- Glen Godlonton
- Office: Cir Realty