2,472 SqFt
2,472 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2472.58
Square Footage 2,472 sqft
Price per Sqft $465
Subdivision Southwood
MLS Listing ID A2326477
Style Attached-Up/Down,Bungalow
Year Built 1973
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 4 plex
Property Description
Exceptional opportunity to own a legal,purpose-built fourplex in the highly desirable Southwest community of Southwood. This well-maintained,turnkey investment property features four self-contained 3-bedroom units,each with a private entrance,walk-out lower level,in-suite laundry,separate utilities,and individual metering—offering an attractive,low-maintenance investment for both seasoned and first-time investors.
Each suite is equipped with its own dedicated furnace,hot water tank,full-size washer and dryer,and six newer appliances,all in good working order. The separately metered design helps minimize owner operating costs while providing convenience for tenants.
The property includes four assigned parking stalls,each with an electrical plug-in,plus two visitor parking stalls.
Conveniently located with excellent access to public transportation,the #37 City Bus stops just outside the property,while Anderson LRT Station is only four blocks away. Schools,shopping,parks,and everyday amenities are all just minutes from the doorstep,making this a highly desirable location for tenants.
Proudly self-managed by the current owner,this property generates $67,200 in annual rental income. Three units are secured with one-year leases,while one exceptional long-term tenant of 11 years is currently on a month-to-month tenancy,providing stable cash flow and simplified property management. All units are in good clean condition.
A rare opportunity to acquire a fully leased,income-producing multi-family property in an established,high-demand rental location.
Location
Province AB
County Cal Zone S
Community Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Area Cal Zone S
Zoning MR
Direction SW
Rooms
Basement Walk Out, Full, Finished
Interior
Interior Features Ceiling Fan(s), Granite Counters, Laminate Counters, No Smoking Home, Separate Entrance, Vinyl Windows, Wood Windows
Heating Forced Air, Natural Gas
Cooling None
Flooring Laminate, Tile, Vinyl Plank
Inclusions 4 Fridges, 4 Stoves, 4 Dishwashers, 4 Microwaves, 4 Washers, 4 Dryers, 4 Furnaces, 4 Hot water Tanks
Fireplace No
Appliance Dishwasher, Dryer, Electric Stove, Gas Water Heater, Refrigerator, Washer, Window Coverings
Laundry In Unit
Exterior
Exterior Feature Private Entrance
Parking Features Additional Parking, Alley Access, Asphalt, Assigned, Guest, Off Street, Plug-In, Stall
Fence Fenced
Community Features Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Water Access Desc Public
Roof Type Rolled/Hot Mop
Porch Patio, See Remarks
Total Parking Spaces 6
Garage No
Building
Lot Description Back Lane, Few Trees, Interior Lot, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting
Dwelling Type Four Plex
Story One
Foundation Poured Concrete
Water Public
Architectural Style Attached-Up/Down, Bungalow
Level or Stories One
New Construction No
Others
Restrictions Non-Smoking Building,Pets Allowed,Rental
Pets Allowed Yes
LOCATION AND NEARBY PROPERTIES
NEWLY LISTED IN THE CALGARY AREA
- New NW Single Family Homes HOT
- New NW Townhomes and Condos HOT
- New SW Single Family Homes HOT
- New SW Townhomes and Condos
- New Downtown Single Family Homes
- New Downtown Townhomes and Condos
- New East Side Single Family Homes
- New East Side Townhomes and Condos
- New Calgary Half Duplexes
- New Multi Family Investment Buildings
- New Calgary Area Acreages HOT
- Everything New in Cochrane
- Everything New in Airdrie
- Everything New in Canmore
- Everything Just Listed
- New Homes $100,000 to $400,000
- New Homes $400,000 to $1,000,000
- New Homes Over $1,000,000
HOMES FOR SALE IN NORTHWEST CALGARY
GET MORE INFORMATION
REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
