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$ 1,350,000
Est. payment | /mo
2,103 SqFt
$ 1,350,000
Est. payment | /mo
2,103 SqFt
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2103.3
Square Footage 2,103 sqft
Price per Sqft $641
Subdivision Killarney/Glengarry
MLS Listing ID A2259156
Style Attached-Side by Side
HOA Y/N No
Year Built 1959
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Full Duplex
Property Description
Updated Inner-City Income Property with 6% Cap Rate and Strong Rental Demand
This is an excellent opportunity to own an updated duplex on a 50' x 120' corner lot in the highly desirable community of Killarney. The property has received many recent updates including modernized kitchens and bathrooms, making it a low-maintenance and easy-to-rent investment in a prime location. Each side offers two bedrooms on the main floor and two in the basement, with an attached double garage, an additional parking pad, and plenty of street parking. The home's south-facing front exposure ensures bright, sunny living spaces that tenants love. Suites for basement are illiegal suites.
With strong rental income already in place and excellent long-term potential, this property offers investors immediate returns in one of Calgary's most sought-after inner-city neighborhoods. Investment Appeal. Live in one unit and rent the other. Hold as a cash-flowing rental property and hold for future Redevelop for future multifamily.
This is an excellent opportunity to own an updated duplex on a 50' x 120' corner lot in the highly desirable community of Killarney. The property has received many recent updates including modernized kitchens and bathrooms, making it a low-maintenance and easy-to-rent investment in a prime location. Each side offers two bedrooms on the main floor and two in the basement, with an attached double garage, an additional parking pad, and plenty of street parking. The home's south-facing front exposure ensures bright, sunny living spaces that tenants love. Suites for basement are illiegal suites.
With strong rental income already in place and excellent long-term potential, this property offers investors immediate returns in one of Calgary's most sought-after inner-city neighborhoods. Investment Appeal. Live in one unit and rent the other. Hold as a cash-flowing rental property and hold for future Redevelop for future multifamily.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning R-CG
Interior
Inclusions Dishwasher, Dryer, Garage Control(s), Refrigerator, Stove(s), Washer
Fireplace No
Exterior
Total Parking Spaces 2
Garage No
Building
Dwelling Type Duplex
Story One
Architectural Style Attached-Side by Side
Level or Stories One
Others
Restrictions Lease Restriction,Rental,See Remarks
Listed by Boutique Real Estate Group Inc.
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