$850,000
$849,900
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1,807 SqFt
SOLD DATE : 03/30/2023
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,807 sqft
Price per Sqft $470
Subdivision Rosemont
MLS® Listing ID A2032668
Sold Date 03/30/23
Style Bungalow,Side by Side
Originating Board Calgary
Year Built 1959
Annual Tax Amount $4,361
Tax Year 2022
Lot Size 7,545 Sqft
Acres 0.17
Property Description
ATTENTION INVESTORS... TURNKEY 4-PLEX REVENUE PROPERTY on an INCREDIBLE LOT! Welcome to this FULLY RENTED corner property with 5 separate streams of income including the garage. All leases are available and in force until the spring of 2023. Included are FOUR 2-BEDROOM SUITES with a double detached garage with common area laundry located on either side of the building. Upstairs, there are two side by side units with 2 bedrooms each. Downstairs, are an additional 2-bedroom illegal suites. Current revenue is $4,220 per month and tenants pay for all utility costs. This could easily rise to $4,700 upon renewals in the spring as rents are below current market value. Essentially a turn-key revenue property for investors on a phenomenal massive corner lot that looks onto Confederation Park Golf course and backs onto Rosemont Elementary School. The lot is set back from 14 Street and has massive trees creating a natural barrier from the road. This property is situated in the heart of Rosemont siding onto Rosedale Drive with amazing redevelopment opportunity in the future. Updates throughout the years include new roof in 2013, New soffit and facia, New eavestrough, newer windows throughout and new garage doors.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning R-C2
Rooms
Basement Separate/Exterior Entry, Finished, Full, Suite
Interior
Interior Features Laminate Counters, Recessed Lighting, See Remarks, Separate Entrance, Storage
Flooring Hardwood, Laminate, Tile
Furnishings Unfurnished
Appliance Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Laundry Multiple Locations, See Remarks
Exterior
Garage Alley Access, Double Garage Detached, Garage Faces Rear, On Street
Garage Spaces 2.0
Garage Description Alley Access, Double Garage Detached, Garage Faces Rear, On Street
Fence Fenced
Community Features Golf, Other, Park, Schools Nearby, Playground, Pool, Sidewalks, Street Lights, Shopping Nearby
Roof Type Asphalt Shingle
Lot Frontage 90.0
Parking Type Alley Access, Double Garage Detached, Garage Faces Rear, On Street
Total Parking Spaces 6
Building
Lot Description Back Lane, Back Yard, Corner Lot, Lawn, Near Shopping Center, Many Trees, Street Lighting, Near Golf Course, Near Public Transit, See Remarks
Foundation Poured Concrete
Architectural Style Bungalow, Side by Side
Level or Stories One
Structure Type Vinyl Siding
Others
Restrictions None Known
Tax ID 76596753
Ownership Private,REALTOR®/Seller; Realtor Has Interest
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REVIEWS & TESTIMONIALS
Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.
