2431 & 2429 26 Street SW, Calgary, Alberta, T3E 2A6

  • $1,200,000
  • $1,200,000
  • A2326037
  • MLS Number
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 1954.00
  • sqft
  • 0.14
  • Lot sqft
  • 1969
  • Year Built
Property Description
H-GO ZONING | 4 LEGAL SUITES ON 1 TITLE (2 UP, 2 DOWN) | 125 X 50 FT WEST BACKYARD LOT | APPROX. 5.30% CAP RATE | FULLY OCCUPIED AND PROFESSIONALLY MANAGED | Excellent revenue generating 4 plex in the highly sought after inner city community of Killarney. This property offers outstanding return on investment potential with an approximate 5.30% cap rate and is fully occupied with professional management already in place, making it a true turnkey investment opportunity. The lower suites have been fully renovated and were recently leased for $1,325 and $1,550 per month, while the upper suites are currently rented for $2,075 per month each. Each unit features its own updated electrical panel, separate laundry, and a fireplace (chimneys capped), along with numerous additional updates throughout. Outside you’ll find a double garage along with additional rear parking stalls on the large west facing 125 x 50 ft lot. Over the past few months the sellers have completed approximately $35,000 in roofing improvements with warranty (2-ply SBS torch-on), invested approximately $12,000 in new flooring throughout the property, trimmed all of the exterior vegetation to improve the landscaping, and repainted the fence, further enhancing the property’s curb appeal. An exceptional opportunity to add a strong cash flowing asset to your investment portfolio. Link to Investor Package and photos of the new roof in listing.
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Property Details
  • Property Type Full Duplex, Residential
  • MLS Number A2326037
  • Property Size 1954.00 sqft
  • Bedrooms 6
  • Bathrooms 4
  • Garage 1
  • Year Built 1969
  • Property Status Active
  • Parking 4
  • Brokerage name RE/MAX House of Real Estate
Features & Amenities
  • John Hripko
Tour Type
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