Calgary, AB T2G 0N8,2030, 2030B, 2028, 2028B 8 AVE SE
Calgary, AB T2G 0N8,2030, 2030B, 2028, 2028B 8 AVE SE
Calgary, AB T2G 0N8,2030, 2030B, 2028, 2028B 8 AVE SE
Calgary, AB T2G 0N8,2030, 2030B, 2028, 2028B 8 AVE SE
Calgary, AB T2G 0N8,2030, 2030B, 2028, 2028B 8 AVE SE
Calgary, AB T2G 0N8,2030, 2030B, 2028, 2028B 8 AVE SE
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$1,290,000

$1,335,000

3.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,749 SqFt


SOLD DATE : 03/16/2024

Key Details

Sold Price $1,290,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,749 sqft

Price per Sqft $344

Subdivision Inglewood

MLS® Listing ID A2111729

Sold Date 03/16/24

Style Bi-Level,Bungalow,Side by Side

Originating Board Calgary

Year Built 1976

Annual Tax Amount $5,848

Tax Year 2023

Lot Size 6,490 Sqft

Acres 0.15

Property Description

Fantastic investment opportunity for a multi-family property! This legal four-plex of nearly 3,800 square feet, boasts four very well-maintained two-bedroom suites, each equipped with its full set of appliances including a fridge, stove, washer, dryer, and dishwasher in each unit. Situated on prime redevelopment land, on a double deep lot, in the up-and-coming Inglewood neighborhood. This property offers an annual rental gross revenue of $92,000, net revenue translates to a 5% cap rate. Both upper suites were recently renovated with new appliances, flooring, fixtures, and paint. A highly sought-after community for renters, with the property being completely rented out for more than 12 years straight. Beautiful parkland surroundings, steps away from the Bow River. Its strategic location, and proximity to transit, downtown, Deerfoot Trail, and Blackfoot Trail, ensures consistent tenant demand. Each suite has large windows in the raised basements, enhancing their appeal to potential tenants. The property also includes a double detached garage, two spots included as part of the current revenue. NO SIGN ON PROPERTY. PLEASE DO NOT DISTURB THE TENANTS. Tenants rights apply so please allow enough notice for showing. Only one unit is available for showings prior to an accepted offer.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning R-C2

Exterior

Garage Alley Access, Garage Faces Rear, Unpaved

Garage Description Alley Access, Garage Faces Rear, Unpaved

Lot Frontage 49.97

Total Parking Spaces 4

Building

Story 2

Architectural Style Bi-Level, Bungalow, Side by Side

Level or Stories One

Others

Restrictions None Known

Tax ID 82663404

Ownership Private

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Listed by Greater Property Group

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Andy Katoch

Agent | License ID: LDKATOCAN

+1(587) 323-4499

# 203-503 7th St S, Alberta, T1J, 0V1, Canada

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