MLS®: A2326037 - Killarney/Glengarry Attached-Side by Side,Bungalow $1,200,000

  • Address: 2431 & 2429 26 Street
  • Size: 1,954 sq.ft.
  • 6
  • 4
  • 2

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.

MLS®: A2326037 - Killarney/Glengarry Attached-Side by Side,Bungalow $1,200,000

  • Address: 2431 & 2429 26 Street
  • Size: 1,954 sq.ft.
  • 6
  • 4
  • 2

Includes: All appliances in all 4 suites are included with the sale.

Site Influences: Back Lane, Back Yard, Front Yard, Landscaped

Property Information

Property Type: Full Duplex

Home Style: Attached-Side by Side,Bungalow

Year Built: 1969

Total Floor Area: 1,954 sq. ft.

Brokerage: RE/MAX House of Real Estate

Listed Date: Please login or create an account

Community Information

City/Town: Calgary

Community: Killarney/Glengarry

Exterior

Lot Size: 0.14 sq.ft.

Lot Shape: Back Lane,Back Yard,Front Yard,Landscaped

Exterior: Wood Frame

Construction: Wood Frame

Frontage: 15.28M 50`2"

Front Exposure: E

Roof: Flat Torch Membrane

Parking: Double Garage Detached, Parking Pad

Total Parking: 4

Interior

Heating: Forced Air, Natural Gas

Basement: Full

Floor Finish: Carpet, Laminate, Vinyl

Fireplace Details: For Sale

Rooms

Total Bedrooms: 6 (Bedrooms Above: 4)

Bathrooms: Full: 4 / Half: 0

Above Grade: 10

Legal, Financial & Possession

Zoning: H-GO

Legal Description: Lot/Unit: Lot/Unit:,Plan: 5661O,Block:

Tax: 6616.00

Possession: Negotiable

Occupancy: Tenant

Restrictions: None Known

Listing Courtesy of RE/MAX House of Real Estate

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®: A2326037 - Killarney/Glengarry Attached-Side by Side,Bungalow $1,200,000

  • Address: 2431 & 2429 26 Street
  • Size: 1,954 sq.ft.
  • 6
  • 4
  • 2

Listing Courtesy of RE/MAX House of Real Estate

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.