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3222/3224 14 Street NW - MLS® # A2344278

Property Details


List Price
$1,275,000
Living Area
1,806 sqft.
Bedrooms
8
Bathrooms
4
Lot Size Area
641 m2|4,051 - 7,250 sqft
Taxes
N/A
Type
Multi-family
Style
Bungalow
Basement
Full (Finished)
Year Built
1958

Description

An exceptional turnkey investment opportunity generating over $95K gross income in the highly sought-after community of Rosemont. This fully renovated fourplex offers four self contained units, each featuring two spacious bedrooms, a full bathroom, separate laundry, and modern finishes (including new windows) completed in 2022. With fully legal basement suites and low-maintenance interiors, this property is designed to maximize cash flow while minimizing ongoing upkeep. Ideally situated with easy access to downtown Calgary, SAIT, and the University of Calgary, the location consistently attracts a strong tenant pool, helping to ensure stable occupancy year after year. Residents will appreciate the unique setting backing onto green space and fronting directly onto Confederation Park Golf Course, providing attractive views and a desirable lifestyle rarely found in income properties. Currently generating $7,950 per month in rental income and offering an approximate 5.2% cap rate, this is a compelling opportunity for investors seeking a well-positioned asset with strong income potential in one of Calgary’s most established and desirable inner-city communities. (id:2469)

Features

See remarks, Back lane

Amenities

Park, Playground, Schools, Shopping

Listing Provided By

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 Real Estate Listing provided by
  • Real Estate Professionals Inc.
  • 5403 CROWCHILD TRAIL NW
  • CALGARY, AB
  • T3B 4Z1