Property Details

1, 1202 2 Street NE
Calgary (A2311476)

$1,499,000
5,089 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Exceptional investment opportunity in the highly sought-after community of Crescent Heights! This exceptionally well-maintained 4-plex offers a rare layout more comparable to a boutique apartment building than a traditional fourplex. All 4 completely self-contained units features 3 bedrooms + den, generous living areas, functional layouts, and strong tenant appeal, offering privacy and independence for residents. Adding to the investment appeal, tenants are responsible for their own utilities, and the owner does not pay utilities for the common areas, helping to minimize operating expenses. Pride of ownership is evident throughout, with meticulous upkeep and maintenance over the years. Ideally located just minutes to downtown, transit, parks, schools, shopping, and vibrant local amenities, this is a prime opportunity for investors seeking a premium multi-family asset in an unbeatable inner-city location. The current rents are as follows: Unit A is $1,500 and units B, C, and D are $1,650 per month each + tenants pay utilities.

Property details

Basic Info

MLS® #
A2311476
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
Crescent Heights
Price
$1,499,000
Sale/Lease:
For Sale
Size:
5,089 sq.ft.
Year Built:
1978 (48 years old)

Building Info

Structure Type:
Four Plex
Garage:
No
Parking:
Alley Access, On Street, Paved
Fence:
Partial
Basement:
No
Inclusions:
Shed
Appliances:
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry:
In Unit
Patio/Porch Features:
Balcony(s), Patio

Neighborhood Info

Nearby Amenities:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Lot / Land Info

Lot Size:
0 acres
Utilities:
Natural Gas Paid, Electricity Paid For, Heating Paid For, Water Paid For
Zoning:
M-CG d72

Materials & Systems

Amenities:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Listing Info

Possession:
60 Days / Neg
Days on Market:
55
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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