7717 & 7719 41 Avenue NW, Calgary, T3B 1X7

$789,000

More Info

INVESTOR ALERT! OR Live in One Unit for yourself and Rent Three Units to pay off your mortgage, utilities and insurance. Opportunity knocks with this great purpose-built LEGAL FOURPLEX in Bowness! It is MC-1 Zoning Calgary which allows you to develop 3-4 story apartment buildings when you are ready to develop. Until such development, this property generates a great cash...

0 Beds
0 Baths
2,052 Sqft
0 Acres
4 Parking Spaces

moving_up_chamberlain_real_estate_group

INVESTOR ALERT! OR Live in One Unit for yourself and Rent Three Units to pay off your mortgage, utilities and insurance. Opportunity knocks with this great purpose-built LEGAL FOURPLEX in Bowness! It is MC-1 Zoning Calgary which allows you to develop 3-4 story apartment buildings when you are ready to develop. Until such development, this property generates a great cash flow for your passive income. The property is consisting of 2 upper units with 3 Bedrooms + 2 lower units with 2 Bedrooms. Each unit is separately metered, has in-suite laundry and parking in the rear. New windows, flooring and paint in the upper NE unit (see pictures & virtual tour). Upper units have balconies and overlook the park across the street. The property currently generates over $37k annually, with room to improve once the fourth unit rents out. It used to generate over $55k annually. It is very easy to find a tenant in this area. A simple "rent sign" on the window has attracted many inquiries and phone calls. Minutes to many amenities, transit, shops, grocery store, gas station, parks and schools. Solid building in an excellent long-term hold location. Don't miss out on this fantastic property with tons of upside.

Essential Information
MLS® #A1084041
Price$789,000
Bathrooms0.00
Square Footage2,052
Acres0.00
Year Built1969
TypeMulti-Family
Sub-Type4 plex
StatusActive
Community Information
SubdivisionBowness
CountyCalgary
ProvinceAlberta
Postal CodeT3B 1X7
Amenities
Parking Spaces4
Appliances

Dryer, Electric Range, Range Hood, Refrigerator, Washer

Additional Information
Date ListedMarch 24th, 2021
ZoningM-C1
Listing Details
Office2% REALTY
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Phone: 587-316-5400

Email: info@chamberlaingroup.ca

Chamberlain Real Estate Group

Address: 2803 Centre Street NW Calgary AB

Meet our Team Home

MLS® A1084041 is a 2052sqft Multi-Family property located at 7717 & 7719 41 Avenue NW in Calgary, Alberta. The property features .

Property Summary

7717 & 7719 41 Avenue NW , a Multi-Family property, in Calgary. Built in 1969, and approximately 2,052 square feet in size, MLS® A1084041 is currently listed for $789,000. To schedule a property tour, contact us at Chambelain Real Estate Group

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Listing information last updated on April 12th, 2021 at 7:15am CDT.