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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 761 sqft
Price per Sqft $1,708
Subdivision West Hillhurst
MLS® Listing ID A2066412
Sold Date 08/19/23
Originating Board Calgary
Year Built 1951
Annual Tax Amount $5,188
Tax Year 2023
Lot Size 8,019 Sqft
Acres 0.18
Property Description
ATTENTION INVESTORS!! INNER-CITY West Hillhurst location with amazing REVENUE and REDEVELOPMENT POTENTIAL on a HUGE 75 x 107 Foot Lot. Fully rented turnkey Legal 4-plex generates $5500.00 per month. Many renovations done over the years including windows, roof, electrical, kitchens, bathrooms, flooring, furnace. Each renovated unit sits above ground, offers 761 square feet of living space, and features 2 bedrooms, 1 bath, full appliance package, individual laundry, and storage unit. Individually metered units so each tenant pays their own utilities. This opportunity is on a fantastic, quiet street with beautiful curb appeal, rear green space to enjoy some outside time, and 4 parking spots out back. Your tenants will LOVE the location! 10 minutes from both downtown and the popular Kensington area shops, and walking distance to schools and the Bow River pathway system. The units of this legal 4-plex are always quick to rent, providing an excellent investment while you plan your future development. With city approval and permits, there is flexibility for future rezoning or redevelopment either as 3 – 25’ lots with homes, a large density condo building, or add an additional top storey for more revenue. This lot is poised to benefit from possible up-zoning only adding to the value of this already amazing lot. Don’t miss this AMAZING INVESTMENT PROPERTY, act fast as this won’t last long! Seller Accepts BITCOIN and Crypto Currency.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning R-C2
Interior
Heating Forced Air, Natural Gas
Flooring Hardwood, Linoleum
Appliance Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings
Exterior
Garage Parking Pad, Stall
Garage Description Parking Pad, Stall
Parking Type Parking Pad, Stall
Total Parking Spaces 4
Building
Structure Type Stucco,Wood Frame
Others
Restrictions None Known
Tax ID 83203904
Ownership Private
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