$850,000
$849,900
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8 Beds
4 Baths
1,807 SqFt
SOLD DATE : 03/30/2023
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,807 sqft
Price per Sqft $470
Subdivision Rosemont
MLS® Listing ID A2032574
Sold Date 03/30/23
Style Bungalow,Side by Side
Bedrooms 8
Full Baths 4
Originating Board Calgary
Year Built 1959
Annual Tax Amount $4,361
Tax Year 2022
Lot Size 7,545 Sqft
Acres 0.17
Property Description
ATTENTION INVESTORS... TURNKEY 4-PLEX REVENUE PROPERTY on an INCREDIBLE LOT! Welcome to this FULLY RENTED corner property with 5 separate streams of income including the garage. All leases are available and in force until the spring of 2023. Included are FOUR 2-BEDROOM SUITES with a double detached garage with common area laundry located on either side of the building. Upstairs, there are two side by side units with 2 bedrooms each. Downstairs, are an additional 2-bedroom illegal suites. Current revenue is $4,220 per month and tenants pay for all utility costs. This could easily rise to $5000 upon renewals in the spring as rents are below current market value. Essentially a turn-key revenue property for investors on a phenomenal massive corner lot that looks onto Confederation Park Golf course and backs onto Rosemont Elementary School. The lot is set back from 14 Street and has massive trees creating a natural barrier from the road. This property is situated in the heart of Rosemont siding onto Rosedale Drive with amazing redevelopment opportunity in the future. Updates throughout the years include new roof in 2013, new soffit, new facia, new eavestroughs, newer windows throughout and new garage doors.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning R-C2
Direction W
Rooms
Basement Separate/Exterior Entry, Finished, See Remarks, Suite
Interior
Interior Features Laminate Counters, Recessed Lighting, See Remarks, Separate Entrance, Storage
Heating Forced Air, Natural Gas
Cooling None
Flooring Hardwood, Laminate, Tile
Appliance Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Laundry In Basement, Multiple Locations, See Remarks
Exterior
Garage Double Garage Detached
Garage Spaces 2.0
Garage Description Double Garage Detached
Fence Fenced
Community Features Golf, Park, Schools Nearby, Playground, Sidewalks, Street Lights, Shopping Nearby
Roof Type Asphalt Shingle
Porch None
Lot Frontage 90.0
Parking Type Double Garage Detached
Exposure W
Total Parking Spaces 2
Building
Lot Description Back Lane, Back Yard, Corner Lot, Front Yard, Lawn, Many Trees, Street Lighting, See Remarks, Treed
Foundation Poured Concrete
Architectural Style Bungalow, Side by Side
Level or Stories One
Structure Type Vinyl Siding
Others
Restrictions None Known
Tax ID 76596753
Ownership Private
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