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$1,299,000
Est. payment /mo
1,986 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1986.0
Square Footage 1,986 sqft
Price per Sqft $654
Subdivision Bowness
MLS Listing ID A2341586
Year Built 1969
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type 4 plex
Property Description
A rare opportunity to own a true purpose-built four-plex on a large lot in Bowness. Designed as four self-contained residences,the property features a four-corner layout with two units at the front and two at the rear,each with its own private entrance and functional two-level floor plan. Every unit offers a kitchen and living room on the main level,with two bedrooms,laundry and 1 bathroom downstairs,providing tenants with excellent separation between living and sleeping spaces. Each residence has its own furnace and hot water tank and is separately metered for gas and electricity,with tenants paying their own utilities. All four units also feature a private balcony and fully fenced yard,a major advantage for tenants with children or pets. The property includes rear parking for four vehicles,a storage shed,a roof replaced in 2016 and two recently replaced hot water tanks. Currently fully rented and generating $6,800 per month in rental income. Conveniently located close to transit,schools and shopping,helping attract a wide range of renters. A strong long-term investment in an established Calgary community with four purpose-built rental units and excellent tenant amenities.
Location
Province AB
County 0046
Area Cal Zone Nw
Zoning M-C1
Direction NW
Rooms
Basement Separate/Exterior Entry, Full, Finished
Interior
Heating Forced Air, Natural Gas
Inclusions Fridge (4), Stove (4), Hood fan (1), OTR Microwave (3), Washer (4), Dryer (4)
Fireplace No
Exterior
Parking Features Alley Access
Porch Balcony(s)
Total Parking Spaces 4
Garage No
Building
Dwelling Type Four Plex
Foundation Poured Concrete
New Construction No
Others
Restrictions Encroachment,Utility Right Of Way
Read Less Info
Listed by CIR Realty
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