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$999,900
Est. payment /mo
2,131 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,131 sqft
Price per Sqft $469
Subdivision Richmond
MLS® Listing ID A2268473
Year Built 1949
Lot Size 6,243 Sqft
Acres 0.14332113
Property Sub-Type Condo
Source Calgary Real Estate Board
Property Description
Fantastic opportunity to own a fully renovated 5-unit multi-family investment property in the heart of Richmond—just steps from transit, shops, and amenities. This property features five total units, each offering 1 bedroom and 1 bathroom. Currently, four of the five units are rented, generating a strong monthly income of $5,725 ($68,700 annually), with leases in place for all rented suites. With the additional of Unit E into the rental pool, monthly rent could go up to at least $6,725 ($80,700 annually). Each unit underwent a full renovation, ensuring low maintenance and modern appeal for years to come. Recent upgrades include a new roof, new sliding doors, newly paved parking area, automated heating and alarm systems, newer hot water heater, and newer furnaces. The property also includes a detached accessory building/shop offering additional rental income potential. An ideal turn-key revenue property in one of Calgary's most desirable inner-city neighbourhoods! (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 2
Others
Ownership Freehold
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Listed by RE/MAX House of Real Estate
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