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$1,300,000
Est. payment /mo
2,583 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,583 sqft
Price per Sqft $503
Subdivision Southwood
MLS® Listing ID A2261330
Year Built 1973
Lot Size 9,429 Sqft
Acres 0.21646431
Property Sub-Type Freehold
Source Calgary Real Estate Board
Property Description
The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Lawn
Others
Ownership Freehold
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Listed by Town Residential
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