2412 43 Street SE Active

Calgary,AB T2B1H7

$ 875000

- Bed

- Bath

1895 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,895 sqft

Price per Sqft $461

Subdivision Forest Lawn

MLS Listing ID A2163308

Style Bi-level

Originating Board Calgary Real Estate Board

Year Built 1968

Lot Size 6,092 Sqft

Acres 6092.373

Property Description

This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants, 7 years to almost 30 years. Rents are incredibly low and WELL UNDER market rates. Room to renovate and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. EASY TO SHOW WITH A LITTLE NOTICE. (id:24570)

Location

State AB

Interior

Heating Forced air,

Flooring Ceramic Tile,Hardwood,Linoleum

Exterior

Garage Yes

Garage Spaces 3.0

Garage Description 3

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Architectural Style Bi-level

Others

Ownership Freehold

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