2431 & 2429 26 ST SW, Calgary, AB T3E 2A6
2431 & 2429 26 ST SW, Calgary, AB T3E 2A6
2431 & 2429 26 ST SW, Calgary, AB T3E 2A6
2431 & 2429 26 ST SW, Calgary, AB T3E 2A6
2431 & 2429 26 ST SW, Calgary, AB T3E 2A6
2431 & 2429 26 ST SW, Calgary, AB T3E 2A6
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$ 1,200,000
Est. payment | /mo

6 Beds

4 Baths

1,954 SqFt


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$ 1,200,000
Est. payment | /mo
Save

6 Beds

4 Baths

1,954 SqFt

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1954.0

Square Footage 1,954 sqft

Price per Sqft $614

Subdivision Killarney/Glengarry

MLS Listing ID A2326037

Style Attached-Side by Side,Bungalow

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1969

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Full Duplex

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.

Location

Province AB

County 0046

Community Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(S), Walking/Bike Paths

Area Cal Zone Cc

Zoning H-GO

Direction SW

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Separate/Exterior Entry, Full, Finished

Guest Accommodations Basement,Main Floor

Interior

Interior Features Built-in Features, High Ceilings, See Remarks, Separate Entrance, Storage

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Laminate, Vinyl

Fireplaces Number 4

Fireplaces Type Wood Burning

Inclusions All appliances in all 4 suites are included with the sale.

Fireplace Yes

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Exterior Feature None, Private Entrance

Parking Features Double Garage Detached, Parking Pad

Garage Spaces 2.0

Fence Fenced

Community Features Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Roof Type Flat Torch Membrane

Porch Deck

Total Parking Spaces 4

Garage Yes

Building

Lot Description Back Lane, Back Yard, Front Yard, Landscaped

Dwelling Type Duplex

Faces E

Story One

Foundation Poured Concrete

Architectural Style Attached-Side by Side, Bungalow

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories One

New Construction No

Others

Restrictions None Known

Listed by RE/MAX House of Real Estate

NEARBY SCHOOL & BUSINESS

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2431 & 2429 26 ST SW