Calgary, AB T2B 1G3,2038 & 2040 42 ST SE
Calgary, AB T2B 1G3,2038 & 2040 42 ST SE
Calgary, AB T2B 1G3,2038 & 2040 42 ST SE
Calgary, AB T2B 1G3,2038 & 2040 42 ST SE
Calgary, AB T2B 1G3,2038 & 2040 42 ST SE
Calgary, AB T2B 1G3,2038 & 2040 42 ST SE
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$790,000

$849,900

7.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,260 SqFt


SOLD DATE : 05/04/2023

Key Details

Sold Price $790,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,260 sqft

Price per Sqft $349

Subdivision Forest Lawn

MLS® Listing ID A2035406

Sold Date 05/04/23

Style Bi-Level

Originating Board Calgary

Year Built 1968

Annual Tax Amount $4,264

Tax Year 2022

Property Description

HELLO INVESTORS!!! Here is a GREAT opportunity for YOU in this 4298 sq. ft. FULLY DEVELOPED 4 PLEX, includes 2260 sq. ft. MAIN FLOORS, + 2038.22 sq. ft. BASEMENTS, 8 BEDROOMS, 4 - 4pc BATHROOMS, w/2 FURNACES + 2 SINGLE GARAGES!!! You could LIVE here in 1 unit + have RENTAL INCOME in the others or RENT them out. Each unit offers 2 bedrooms, 1 bathroom, kitchen, dining room or eat in kitchen, STORAGE OR FLEX ROOM + ACCESS to PATIOS, DECK or PORCH. The basement floors are WARM + LOTS of NATURAL LIGHT in units. The basement bedrooms have RAISED + HEATED FLOORS. The UPSTAIRS tenants typically USE the GARAGES. UTILITIES are ALL INCLUDED!!! RENT could be $1500/month for upper tenants + $1300/month for basement tenants. An EXCELLENT source of INCOME, MANAGEMENT is CONSOLIDATED + EASIER, SAVE MONEY on TAXES, LOCK + LEAVE where SECURITY of this property is CONSISTENT with tenants!!! Amenities are abound in this HISTORIC COMMUNITY. Bob Bahan Aquatic & Fitness Centre offers both INDOOR & OUTDOOR POOLS + FITNESS FACILITIES. The Forest Lawn Community Association runs many events and programs for residents, including activities like SKATING, BASEBALL, HOCKEY to name a few. Every week BINGO games are held, which are EXTREMELY POPULAR among the residents of these communities + CALGARY PUBLIC LIBRARY. The area is located close to BOW RIVER PATHWAY SYSTEM which runs along the WESTERN IRRIGATION DISTRICT CANAL which makes for a great spot to RUN, WALK, or BIKE. Located on 17th Avenue, INTERNATIONAL AVE showcases an ABUNDANCE of SHOPS + RESTAURANTS. There are several SCHOOLS in the area including Keeler School, Jack James High School, Ernest Morrow Jr High School + Forest Lawn High School. There are many ways to get out and MEET people or be INVOLVED in the COMMUNITY. This WELL BUILT + WELL Maintained INVESTMENT Property is SURE to IMPRESS the MOST Discriminating of INVESTORS. BOOK your SHOWING today!

Location

Province AB

County Calgary

Area Cal Zone E

Zoning R-CG

Interior

Flooring Laminate, Linoleum

Appliance Dryer, Electric Stove, Microwave, Refrigerator, Washer

Exterior

Garage Double Garage Detached, Stall

Garage Spaces 2.0

Garage Description Double Garage Detached, Stall

Porch Balcony(s), Patio

Parking Type Double Garage Detached, Stall

Total Parking Spaces 5

Building

Foundation Poured Concrete

Architectural Style Bi-Level

Structure Type Brick,Stucco

Others

Restrictions None Known

Tax ID 76829467

Ownership Private

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Mark & Natalie Neustaedter

Mark & Natalie Neustaedter

+1(403) 585-6908

Our team is ready to help you sell your home for the highest possible price ASAP


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