For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,055,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,017 sqft
Price per Sqft $523
Subdivision Bowness
MLS® Listing ID A2137885
Sold Date 06/24/24
Originating Board Calgary
Year Built 1969
Annual Tax Amount $6,233
Tax Year 2024
Lot Size 6,124 Sqft
Acres 0.14
Property Description
An exceptional turnkey investment opportunity awaits in Bowness, often considered the next "NEW KENSINGTON” in the coming years! This fourplex features two 3-bedroom main floor units and 2 legal basement suites with huge windows, each with 2 bedrooms. All four units boast large open-concept kitchen and living room areas, with additional storage rooms. Each unit also includes its own dedicated washer and dryer. Currently, the fourplex is occupied by long-term, respectful tenants who have expressed interest in continuing their tenancy. The property is equipped with 4 high-efficiency furnaces and offers over 3,700 sq/ft of living space. It has seen significant improvements in recent years; the main floor 3-bedroom units have been fully renovated, as shown in the attached photos. The lower units are also in above-average condition. Ideally situated near various amenities such as Superstore, Bowness High School, Bowcroft School, Catholic elementary school Our Lady of the Assumption, Bowness Park, the Farmer’s Market and with convenient access to the mountains and a quick walk to the Bow River (out of the flood zone), this low-maintenance fourplex is a fantastic addition to your long-term investment portfolio!
Location
Province AB
County Calgary
Area Cal Zone Nw
Zoning R-C2
Interior
Appliance Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Exterior
Total Parking Spaces 8
Others
Restrictions None Known
Tax ID 91607950
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP