Property Details
419 Huntsville Crescent NW
Calgary (A2344457)
Description
**INVESTOR ALERT!** An exceptional opportunity to own a **fully rented 4-unit income property with additional garage revenue** at **419 Huntsville Crescent NW**. Offering approximately **3,845 SQ FT of total developed living space**, this property features **2 main-floor units, 2 basement units, plus a double detached garage rented separately**, creating multiple income streams from one outstanding investment. 8600 SQFT LOT SIZE!!
The **two main-floor units are 938 SQ FT each** and offer functional, spacious layouts designed for comfortable everyday living. Each unit features **3 bedrooms**, including a generous primary bedroom, a full bathroom, private laundry/mechanical area, kitchen, dining room, spacious living room and its own **private deck**. The well-planned layouts maximize usable living space while providing each tenant with a completely self-contained residence.
The **two basement units are 889 SQ FT each** and provide equally impressive layouts. Each basement unit features **3 bedrooms**, a full bathroom, kitchen, dining area, spacious living room and its own dedicated laundry/mechanical area. With a total of **12 bedrooms across the four residential units**, this property offers excellent rental flexibility and strong income-producing potential.
Best of all, the property is currently **FULLY RENTED and generating income from day one!** The **2 main-floor units rent for $1,600/month each**, producing **$3,200/month**. The **2 basement units rent for $1,500/month each**, producing another **$3,000/month**. The **double detached garage is separately rented for $350/month**, adding another valuable income stream.
Combined, the property currently generates **$6,550 in gross monthly rental income or $78,600 in gross annual rental income**. Annual property taxes are approximately **$6,649.90**.
Another major advantage for investors is the utility setup. **ALL 4 RESIDENTIAL UNITS HAVE SEPARATE UTILITY METERS, AND TENANTS PAY THEIR OWN UTILITIES**, helping reduce the owner's ongoing operating expenses and making the property easier to manage.
The separately rented **double detached garage generates an additional $4,200 annually**, maximizing the property's income potential beyond the four residential units.
With **4 self-contained residences, 12 total bedrooms, separate laundry facilities, separate utility meters, tenant-paid utilities, additional garage income and established tenants already in place**, this property has all the ingredients of a strong investment opportunity. Whether you're expanding an existing real estate portfolio or searching for a multi-unit property with multiple established revenue streams, **419 Huntsville Crescent NW offers an attractive combination of consistent income, functionality and long-term investment potential.** A rare **TURNKEY INVESTMENT OPPORTUNITY** generating **$78,600 in current gross annual rental income!**
Property details
- MLS® #
- A2344457
- Property Type:
- Multi-Family
- Subtype:
- 4 plex
- Subdivision:
- Huntington Hills
- Price
- $1,199,900
- Sale/Lease:
- For Sale
- Size:
- 1,984 sq.ft.
- Year Built:
- 1971 (55 years old)
- Structure Type:
- Four Plex
- Garage:
- Yes
- Parking:
- Double Garage Detached
- Fence:
- Basement:
- No
- Inclusions:
- N/A
- Appliances:
- Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer
- Lot Size:
- 0 acres
- Zoning:
- M-C1
- Heating:
- Forced Air, Natural Gas
- Possession:
- 30 Days / Neg
- Days on Market:
- 15
Basic Info
Building Info
Lot / Land Info
Materials & Systems
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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