Larry Arnfinson
Real Estate Advisor
Questions? Call: 403-217-0003
Attention Investors! With a lucrative 7.8% CAP Rate, seize this prime opportunity to benefit from an updated and fully rented 4-plex. Alternatively, generate rental income while awaiting permits for your development plans. Nestled in the highly desirable Bankview area adjacent to Buckmaster Park, this property offers easy access to Calgary's vibrant Beltline entertainment and arts district. Boasting a monthly Gross Income of $7,555.00, all tenants have been meticulously vetted within the past year and have signed leases where the utilities are paid by the tenants. The building comprises 5 units, with 4 compliant with city regulations, including a top-floor 2-bedroom unit, a 1-bedroom unit, and a bachelor unit on the main floor, as well as rear walk-out 1-bedroom units. Engineered for low maintenance, the property features a roof replacement approximately 8 years ago, all copper wiring, absence of poly-b plumbing, and furnace-forced air heating in all units. Comprehensive documentation such as RPR, sewer and electrical inspections, proforma, floor plan, and 3D tour are available for review. Elevate your investment portfolio today with this exceptional opportunity!
Welcome to the lively Bankview community located in Calgary, Alberta.
Read More...| Avg. asking price | $1,632,679 |
| Price per sq. ft. | $695 |
| Median price | $1,497,450 |
| Number of homes for sale in Bankview | 10 |
| Number of homes for sale in Calgary | 822 |
| Avg. Days on Market | 18 |
MLS® #A2129137
Multi-Family
Calgary, Alberta
Welcome To This Substantially Updated Legal 4-plex In The Sought-after Neighborhood Of Cambrian Heights. Main Floor Units Are 935.22 Square Feet 2 Bedroom Units And The Lower Suits Are 838.53 & 839.94 Square Feet With A Very Large 1 Bedroom ...(more)
MLS® #A2126176
Multi-Family
Calgary, Alberta
112 - 44 Avenue Nw | In The Heart Of Highland Park | Rare Opportunity | M-c1 Zoning | Rear Parking | Building Is Situated On A Prime 7,061 Sq Ft Lot | Steps To The Future Centre Street Green Lrt Line | Side & Back Lane Access | Great Invest ...(more)
MLS® #A2122385
Multi-Family
Calgary, Alberta
Property Is A Legal 4-plex On A Large Lot On A Pretty Southview Street. Photographs Are For Unit "d" Currently A Successful Airb&b. Three Units Have Long Term Renters With A Stated Gross Income $6100 (tbv) + Tenant Pay Utilities (all Separa ...(more)
| Price Range: | $925,000 - $3,049,000 |
| Current Listings: | 23 |
| Avg Price/SqFt: | $663 |
| Price Range: | $1,875,000 - $3,497,000 |
| Current Listings: | 5 |
| Avg Price/SqFt: | $801 |
| Price Range: | $969,900 - $6,899,000 |
| Current Listings: | 21 |
| Avg Price/SqFt: | $843 |
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Listing information last updated on May 16th, 2024 at 7:45pm MDT.
