1723 25 Avenue SW, Calgary, Alberta, T2T 1A2

Bankview, Calgary
  • 4 plex, Multi-Family
  • A2034437
  • MLS Number
  • 1875.00
  • sqft
  • 1958
  • Year Built
Property Description
Looking for a great investment opportunity in the Bankview area? Look no further than this legal fourplex on a vast 50 x 148 ft M-CG sloped lot with stunning views. Currently generating $4610/month in rental income, this turn-key property has an excellent rental history with very low vacancies over the last 10 years. This property features 3 spacious 2-bedroom units and 1 1-bedroom unit, each with its own furnace, hot water tank, gas, and electrical meters. The units are well-maintained and feature hardwood floors in 3 of the units, as well as front and rear entrances. The lower units boast large windows that let in plenty of natural light. The building also features a common laundry room and 4 parking stalls, providing convenience for tenants. This property is not only a great rental opportunity but also a fantastic location for future development. Neighboring MCG lots on both sides have expressed interest in selling, potentially making this property part of a large MCG site of approximately 150 x 150 ft. The location is also excellent for tenants, with quick access to downtown, schools, and parks. Overall, this is an excellent opportunity to invest in a desirable area with a proven rental history and potential for future development. Don’t miss out on the chance to own this fantastic property.
Property Details
  • Property Type 4 plex, Multi-Family
  • MLS Number A2034437
  • Property Size 1875.00 sqft
  • Year Built 1958
  • Property Status Active
  • Parking 4
  • Brokerage name eXp Realty
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