$875,000
2412 43 Street SE Calgary, AB T2B1H7
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Nick Penney
info@nickpenney.com
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Nick Penney
info@nickpenney.com$875,000
Est. payment /mo
1,895 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,895 sqft
Price per Sqft $461
Subdivision Forest Lawn
MLS® Listing ID A2163308
Style Bi-level
Originating Board Calgary Real Estate Board
Year Built 1968
Lot Size 6,092 Sqft
Acres 6092.373
Property Description
This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants, 7 years to almost 30 years. Rents are incredibly low and WELL UNDER market rates. Room to renovate and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. EASY TO SHOW WITH A LITTLE NOTICE. (id:24570)
Location
Province AB
Interior
Heating Forced air,
Flooring Ceramic Tile, Hardwood, Linoleum
Exterior
Garage Yes
Garage Spaces 3.0
Garage Description 3
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Architectural Style Bi-level
Others
Ownership Freehold
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Listed by RE/MAX Real Estate (Central)
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Nick Penney