2431 & 2429 26 Street SW, Calgary, AB T3E2A6
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2431 & 2429 26 Street SW, Calgary, AB T3E2A6
2431 & 2429 26 Street SW, Calgary, AB T3E2A6
2431 & 2429 26 Street SW, Calgary, AB T3E2A6
2431 & 2429 26 Street SW, Calgary, AB T3E2A6
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$ 1,200,000
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2431 & 2429 26 Street SW Calgary, AB T3E2A6

6 Beds

4 Baths

1,954 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1954

Square Footage 1,954 sqft

Price per Sqft $614

Subdivision Killarney/Glengarry

MLS® Listing ID A2326037

Style Bungalow

Bedrooms 6

Year Built 1969

Lot Size 6,243 Sqft

Acres 0.14332113

Property Sub-Type Freehold

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. (id:24570)

Location

Province AB

Rooms

Kitchen 4.0

Extra Room 1 Main level 13.50 Ft x 19.33 Ft Living room

Extra Room 2 Main level 13.50 Ft x 19.33 Ft Living room

Extra Room 3 Main level 7.50 Ft x 9.58 Ft Dining room

Extra Room 4 Main level 7.50 Ft x 9.58 Ft Dining room

Extra Room 5 Main level 11.17 Ft x 9.33 Ft Kitchen

Extra Room 6 Main level 11.17 Ft x 9.33 Ft Kitchen

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Laminate, Vinyl

Fireplaces Number 4

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Story 1

Architectural Style Bungalow

Others

Ownership Freehold


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Graham Terryberry
Graham Terryberry

Agent / Team Leader

+1(403) 909-6787 | graham@terryberrygroup.com

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2431 & 2429 26 Street SW