For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,980 sqft
Price per Sqft $353
MLS® Listing ID A2198234
Sold Date 03/21/25
Style Attached-Side by Side,Bi-Level
Year Built 1973
Annual Tax Amount $4,866
Tax Year 2024
Lot Size 8,326 Sqft
Acres 0.19
Property Sub-Type 4 plex
Source Calgary
Property Description
*** CASH COW - 7.09% CAP RATE *** INCREDILBLE INVESTMENT OPPORTUNITY! This 4 plex has 4 separate units with each having its own furnace (2 are newer), hot water tank, laundry and separately metered. Each unit has 3 bedrooms and 1 full bathroom. Metal roof. Huge corner lot with South back yard and 8 parking stalls! Property rents for $67,200/year. Tenants to be assumed. Vacancy is very low. Huge demand! Tenants pay utilities.
Location
Province AB
County Mountain View County
Zoning R3
Interior
Interior Features See Remarks
Heating Forced Air
Flooring Carpet, Linoleum
Appliance Other
Laundry In Unit
Exterior
Parking Features Off Street
Garage Description Off Street
Fence None
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Metal
Lot Frontage 116.11
Total Parking Spaces 8
Building
Lot Description Back Lane, Corner Lot, Cul-De-Sac, Rectangular Lot
Foundation Poured Concrete
Architectural Style Attached-Side by Side, Bi-Level
Level or Stories Bi-Level
Structure Type Brick,Vinyl Siding
Others
Restrictions None Known
Tax ID 93057456
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION