$689,900
$699,900
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12 Beds
4 Baths
2,191 SqFt
SOLD DATE : 09/22/2023
Key Details
Sold Price $689,900
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,191 sqft
Price per Sqft $314
MLS® Listing ID A2073572
Sold Date 09/22/23
Style Bungalow,Side by Side
Bedrooms 12
Full Baths 4
Originating Board Calgary
Year Built 1975
Annual Tax Amount $5,644
Tax Year 2023
Lot Size 8,589 Sqft
Acres 0.2
Property Description
Turn-Key cash-flowing single title 4plex in Diamond Valley! It's a great time to be a landlord in Alberta, and properties like this are getting harder to find. Fully occupied with long term tenants and currently earning $5330 a month with room for $8-900 in increases. Each unit is 3 bed 1 bath with separate laundry. Tenants pay all utilities. Several updates over the years, including new balconies in 2018 and 2 new furnaces and hot water tanks. Beautiful Diamond Valley is just 30 minutes from SW Calgary and makes a great location for revenue properties with its continuous influx of oil and gas contractors and tradespeople. Huge 173' deep lot has room for a big garage and extra revenue if you wanted to build one. Sellers have had zero vacancy in 5 years. Plenty of parking front and back. Buyer to assume leases. Rare opportunity for investors in a hot rental market!
Location
Province AB
County Foothills County
Zoning R3
Direction E
Rooms
Basement Finished, Full
Interior
Interior Features Storage
Heating Forced Air, Natural Gas
Cooling None
Flooring Laminate, Linoleum
Fireplaces Number 4
Fireplaces Type Wood Burning
Appliance Electric Stove, Refrigerator
Laundry In Unit
Exterior
Garage Outside, Stall
Garage Description Outside, Stall
Fence Fenced
Community Features Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Rolled/Hot Mop
Porch Balcony(s)
Lot Frontage 49.97
Exposure E
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard, Level
Foundation Poured Concrete
Architectural Style Bungalow, Side by Side
Level or Stories One
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 56478422
Ownership Private
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