Property Details
4627 73 Street NW
Calgary (A2332521)
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Description
Fully renovated six-unit townhouse complex directly across from Bowness High School, now 100% occupied. Each unit is a 3-bedroom townhouse with undeveloped basement. Condo-titled structure. Currently renting at $1,800/month per unit, well below market rate supported by CMHC comps and current listings. With five of six leases expiring or renewing through 2027, there is a clear path to market-rate rents. The property was recently renovated back to the studs with no immediate capital expenditure required. Mortgage assumption at 4.7% fixed through June 2033 is required. Individual units are currently selling for much higher, and buyer could sell off individually at end of mortgage term to realise significant profit. Great buy and hold property. Financials and brochure available on request. Tours with an accepted offer.
Property details
- MLS® #
- A2332521
- Property Type:
- Commercial
- Subtype:
- Multi Family
- Subdivision:
- Bowness
- Price
- $1,800,000
- Sale/Lease:
- For Sale
- Size:
- 9,414 sq.ft.
- Year Built:
- 1992 (34 years old)
- Structure Type:
- Low Rise (2-4 stories)
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- All appliances, fixtures, fittings and furnishings
- Condo Type:
- Conventional Condo
- Zoning:
- M-C1
- Possession:
- Subject To Tenancy
- Days on Market:
- 61
Basic Info
Building Info
Condo/Association Info
Lot / Land Info
Listing Info
Contact
Find Us
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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