$650,000
$699,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
2,010 SqFt
SOLD DATE : 05/26/2023
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,010 sqft
Price per Sqft $323
Subdivision Killarney/Glengarry
MLS® Listing ID A2035266
Sold Date 05/26/23
Style 2 Storey,Multi Level Unit
Originating Board Calgary
Year Built 1938
Annual Tax Amount $3,474
Tax Year 2023
Lot Size 5,661 Sqft
Acres 0.13
Lot Dimensions 125 ft frontage x 103 ft depth
Property Description
There are 4 units: rents are $1400, $1100, $1100, and $900, in one building, on a single title. Not a condo, no condo fees. One gas and one electric meter. Monthly rental income is $4550. This is a venerable 4 plex zoned RC-2 in Killarney. Never vacant, professionally managed, the building enjoys loyal tenants and low turnover. Repaired and updated over the years, this low maintenance building has 4 individual units of varying design and square footage. Each unit has an equipped kitchen, bedroom(s) and complete bathroom. See Supplements for detailed floorplans and rent roll. The basement no-charge laundry has a washer and a dryer. One hot water heater and two furnaces serve the whole building. One furnace is three years old, and serves units 1 and 4. Another furnace in Unit 3 serves units 2 and 3. There is separate secure storage for each unit. The yard is grassed and has a fire pit and small patio area. There is a large parking area fenced off from the yard. Utilities, laundry, and Internet INCLUDED in rent. Parking is also included. Each unit has an assigned parking stall. Part of the 37th Street redevelopment area, this lot could easily accommodate a duplex or be part of a larger aggregation project. The location is across the street from A. E. Cross school, near auto services and a small shopping centre with Safeway and banks. Glenmore Trail, Richards Road, and Crowchild Trail, are all easily accessible from here. Major shopping centres with all services within a short drive. Mt. Royal students have lived here, as have tenants who worked at Wal-Mart at Westbrook Mall. Excellent transit connection to CTrain at Westbrook. Seller has requested buyers must visit the building prior to submitting an offer. Inspections allowed prior to offer being submitted. Rent roll and leases can be made available prior to submitting an offer. Only unconditional offers will be accepted. Deposit check must accompany offer. Showings by appointment only for qualified buyers.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning R-C2
Rooms
Basement Finished, Full, Suite
Interior
Interior Features Laminate Counters, No Smoking Home, Separate Entrance, Wood Windows
Heating Central, Forced Air, Natural Gas
Cooling None
Flooring Carpet, Ceramic Tile, Laminate, Linoleum
Furnishings Unfurnished
Appliance Dryer, Electric Range, Gas Water Heater, Refrigerator, Washer
Laundry Common Area, In Basement, Laundry Room
Exterior
Garage Alley Access, Assigned, Off Street, Outside, Plug-In, Stall, Unpaved
Garage Description Alley Access, Assigned, Off Street, Outside, Plug-In, Stall, Unpaved
Fence Fenced
Community Features Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Garbage Collection, High Speed Internet Available, Sewer Connected, Underground Utilities, Water Connected
Roof Type Flat,Tar/Gravel
Porch Deck
Lot Frontage 54.92
Total Parking Spaces 6
Building
Lot Description Back Lane, Back Yard, City Lot, Few Trees, Front Yard, Lawn, Near Shopping Center, Landscaped, Level, Street Lighting, Near Public Transit
Story 2
Foundation Poured Concrete
Architectural Style 2 Storey, Multi Level Unit
Structure Type Concrete,Stucco,Wood Frame
Others
Restrictions Lease Restriction,Pets Allowed
Tax ID 76569033
Ownership Private
Pets Description Restrictions, Cats OK, Dogs OK
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