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$ 1,199,900
Est. payment | /mo
1,979 SqFt
$ 1,199,900
Est. payment | /mo
1,979 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,979 sqft
Price per Sqft $606
Subdivision South Calgary
MLS® Listing ID A2204641
Style Other
Originating Board Calgary Real Estate Board
Year Built 1974
Lot Size 5,984 Sqft
Acres 5984.7344
Property Sub-Type Freehold
Property Description
A fantastic opportunity to own an investment property in trendy Marda Loop with long-term tenants! This well-maintained gravel roofed building (~3830 square feet total) boasts 4 identical and spacious (~950 square feet) 2-bedroom units, each with its own private entrance, full bathroom, brick faced wood burning fireplace, convenient in-suite laundry, storage, dedicated furnace and hot water tank, as well as paved and assigned off-street parking at the rear. The lower units are both walkouts providing plenty of natural south light, while the upper units have expansive balconies all shielded from the street by mature trees. Location is everything. Residents here enjoy being steps away from trendy boutiques, independent shops, bars, unique cafés and incredible restaurants. Grocery shopping and errands couldn't be easier with Safeway, Calgary Co-op, and several farmer's markets nearby. The area is equally rich in top-rated schools, parks and recreational spaces and is a short commute to downtown. All units are currently rented and the property generates an impressive ~$75,000 of income per year. Tenants pay their own utilities with each unit having its own meters. This MC-1 zoned 75' x 80' lot has options both now and in the future. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Other, ,
Cooling None
Flooring Carpeted, Ceramic Tile
Fireplaces Number 4
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Architectural Style Other
Others
Ownership Freehold
Listed by Greater Property Group
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PRAB INVESTMENTS
Senior Real Estate Consultant