***ATTENTION ALL INVESTORS*** Just listed is a legacy investment revenue property for a long time hold that is extremely rare and hard to find! This is a legal 4-corner, 4-plex in an excellent rental area of the city, especially in the exclusive close-in, inner city area of Varsity Acres! Listed as one unit together but the titles are strata condo titled and have four separate titles for selling individually into the future. Located on a huge 62x103ft M-C1 lot offering 6 parking stalls! This building is very well constructed and three out the four units are totally renovated including kitchens and bathrooms. Each unit includes 3 bedrooms, 1 1/2 baths, two storey unit offers approx. 1,100 sqft per unit, plus full undeveloped basements, and patio doors to a balcony. Current yearly gross rents are $62,400 and are low and could be increased! Tenants pay all utilities. Never vacant and close to U of C, two hospitals, Market Mall, close to schools and transportation including the LRT. If you're looking for a premier revenue property look no further!! Offers are subject to viewing. Hurry on this one!!
Data was last updated December 25, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,234,000
Min list price:
$248,888
Max list price:
$3,300,000
Avg days on market:
42
Min days on market:
4
Max days on market:
168
Avg price per sq.ft.:
$512.07
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.