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$ 3,000,000
Est. payment | /mo
7,176 SqFt
$ 3,000,000
Est. payment | /mo
7,176 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,176 sqft
Price per Sqft $418
Subdivision Crescent Heights
MLS® Listing ID A2224734
Year Built 2016
Lot Size 5,973 Sqft
Acres 0.1371435
Property Sub-Type Freehold
Source Calgary Real Estate Board
Property Description
Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value.Each spacious unit includes:2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms |Large West Facing Patio |Spacious Bonus Room With Cozy Fireplace |Fully Finished Basement With Wet Bar And Single Detached Garage |Stylish, move-in-ready modern interiors curated for comfort and durability |The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you're perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views.Key Highlights:Fully operational as a high-performing Airbnb short term rental. All furnishings included.Managed by professionals for a seamless, turnkey experience.Outstanding location. Immediate cash-flow potential with long-term upside.High-performing income property with 6.05% cap rateWhether you continue as a short-term rental host or explore other investment strategies, this property checks every box. (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 3
Others
Ownership Freehold
Listed by Greater Property Group
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