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$ 1,249,000
Est. payment | /mo
2,160 SqFt
$ 1,249,000
Est. payment | /mo
2,160 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $578
Subdivision Southwood
MLS® Listing ID A2280116
Style Bi-level
Year Built 1972
Lot Size 6,705 Sqft
Acres 0.15394665
Property Sub-Type Freehold
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY in a highly desirable Southwest community, within three blocks of the Anderson C-Train Station and Southcentre Mall! This TRUE LEGAL FOURPLEX generates $74,400 in annual rental revenue with excellent tenants in place and strong upside for future rent increases—a rare and highly sought-after asset in this prime, transit-oriented location.Purpose-built as a fourplex (NOT a converted duplex like many others on the market), this solid investment offers over 4,320 SQ.FT. of total living space across four fully self-contained units, an extremely rare configuration in today's market. Each unit features three bedrooms, its own private entrance, a dedicated furnace, separate electrical meter, individual hot water tank, in-suite washer and dryer, ample storage, a fenced private yard, and a dedicated parking stall—a combination that consistently attracts quality, long-term tenants and supports strong rental demand.Two of the units have been completely renovated throughout, while a third unit has received numerous updates including a new dishwasher, fresh paint, new baseboards, updated window coverings, and new closet doors. The fourth unit is occupied by long-term tenants and has also seen improvements, including bathroom upgrades, a new washing machine, and a new hot water tank.Additional property-wide upgrades include new windows and patio doors, high-efficiency furnaces, updated hot water tanks, and various cosmetic improvements, making this a turn-key investment with immediate cash flow and long-term upside.Located in a high-demand Southwest location with consistent tenant appeal, excellent access to transit, shopping, and amenities, and strong tenants already in place, this is a rare opportunity to acquire a LEGAL fourplex that truly checks every box for investors. If you've been searching for a proven income property with stability, scale, and future potential—THIS IS IT! (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Flooring Carpeted, Tile, Vinyl Plank
Fireplaces Number 4
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Architectural Style Bi-level
Others
Ownership Freehold
Virtual Tour https://youriguide.com/11254_6_st_sw_calgary_ab/
Listed by Real Broker
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