Property Details
2431 & 2429 26 Street SW
Calgary (A2326037)
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Description
H-GO ZONING | 4 LEGAL SUITES ON 1 TITLE (2 UP, 2 DOWN) | 125 X 50 FT WEST BACKYARD LOT | APPROX. 5.30% CAP RATE | FULLY OCCUPIED AND PROFESSIONALLY MANAGED | Excellent revenue generating 4 plex in the highly sought after inner city community of Killarney. This property offers outstanding return on investment potential with an approximate 5.30% cap rate and is fully occupied with professional management already in place, making it a true turnkey investment opportunity. The lower suites have been fully renovated and were recently leased for $1,325 and $1,550 per month, while the upper suites are currently rented for $2,075 per month each. Each unit features its own updated electrical panel, separate laundry, and a fireplace (chimneys capped), along with numerous additional updates throughout. Outside you’ll find a double garage along with additional rear parking stalls on the large west facing 125 x 50 ft lot. Over the past few months the sellers have completed approximately $35,000 in roofing improvements with warranty (2-ply SBS torch-on), invested approximately $12,000 in new flooring throughout the property, trimmed all of the exterior vegetation to improve the landscaping, and repainted the fence, further enhancing the property’s curb appeal. An exceptional opportunity to add a strong cash flowing asset to your investment portfolio. Link to Investor Package and photos of the new roof in listing.
Property details
- MLS® #
- A2326037
- Property Type:
- Residential
- Subtype:
- Full Duplex
- Subdivision:
- Killarney/Glengarry
- Price
- $1,200,000
- Sale/Lease:
- For Sale
- Size:
- 1,954 sq.ft.
- Bedrooms:
- 6
- Bathrooms:
- 4
- Year Built:
- 1969 (57 years old)
- Structure Type:
- Duplex
- Building Style:
- Attached-Side by Side, Bungalow
- Garage:
- Yes
- Parking:
- Double Garage Detached, Parking Pad
- Fence:
- Fenced
- Basement:
- Full
- Features:
- Built-in Features, High Ceilings, See Remarks, Separate Entrance, Storage
- Fireplaces:
- 4
- Inclusions:
- All appliances in all 4 suites are included with the sale.
- Appliances:
- Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
- Laundry:
- In Unit
- Exterior Features:
- None, Private Entrance
- Patio/Porch Features:
- Deck
- Nearby Amenities:
- Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
- Lot Size:
- 0 acres
- Lot Features:
- Back Lane, Back Yard, Front Yard, Landscaped
- Zoning:
- H-GO
- Roof:
- Flat Torch Membrane
- Exterior:
- Wood Frame
- Floors:
- Carpet, Laminate, Vinyl
- Foundation:
- Poured Concrete
- Heating:
- Forced Air, Natural Gas
- Cooling:
- None
- Amenities:
- Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
- Possession:
- Negotiable
- Days on Market:
- 57
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
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Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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