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Fantastic opportunity to own a fully renovated multi-family investment property in the heart of Richmond—just steps from transit, shops, and amenities. This property features five total units, each offering 1 bedroom and 1 bathroom. Currently, four of the five units are rented, generating a strong monthly income of $5,725 ($68,700 annually), with leases in place for all rented suites. With the additional of Unit E into the rental pool, monthly rent could go up to at least $6,725 ($80,700 annually). Each unit underwent a full renovation, ensuring low maintenance and modern appeal for years to come. Recent upgrades include a new roof, new sliding doors, newly paved parking area, automated heating and alarm systems, newer hot water heater, and newer furnaces. The property also includes a detached accessory building/shop offering additional rental income potential. An ideal turn-key revenue property in one of Calgary’s most desirable inner-city neighbourhoods! (id:37074)
| MLS® Number | A2268473 |
| Property Type | Multi-family |
| Neigbourhood | Southwest Calgary |
| Community Name | Richmond |
| Parking Space Total | 7 |
| Plan | 5661o |
| Other |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1949 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Exterior Finish | Stucco |
| Stories Total | 2 |
| Size Interior | 2,131 Ft2 |
| Total Finished Area | 2130.7 Sqft |
| Type | Apartment |
| Acreage | No |
| Size Irregular | 580.00 |
| Size Total | 580 M2|4,051 - 7,250 Sqft |
| Size Total Text | 580 M2|4,051 - 7,250 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.
