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The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit. (id:37074)
| MLS® Number | A2261330 |
| Property Type | Multi-family |
| Neigbourhood | Southwest Calgary |
| Community Name | Southwood |
| Features | Back Lane |
| Parking Space Total | 4 |
| Plan | 1454lk |
| Other | |
| See Remarks |
| Appliances | See Remarks |
| Constructed Date | 1973 |
| Construction Material | Wood Frame |
| Heating Type | Forced Air |
| Size Interior | 2,583 Ft2 |
| Total Finished Area | 2582.59 Sqft |
| Type | Multi-family |
| Acreage | No |
| Landscape Features | Lawn |
| Size Irregular | 876.00 |
| Size Total | 876 M2|7,251 - 10,889 Sqft |
| Size Total Text | 876 M2|7,251 - 10,889 Sqft |
| Zoning Description | M-c1 |
When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
