Turn-Key cash-flowing single title 4plex in Diamond Valley! It's a great time to be a landlord in Alberta, and properties like this are getting harder to find. Fully occupied with long term tenants and currently earning $5330 a month with room for $8-900 in increases. Each unit is 3 bed 1 bath with separate laundry. Tenants pay all utilities. Several updates over the years, including new balconies in 2018 and 2 new furnaces and hot water tanks. Beautiful Diamond Valley is just 30 minutes from SW Calgary and makes a great location for revenue properties with its continuous influx of oil and gas contractors and tradespeople. Huge 173' deep lot has room for a big garage and extra revenue if you wanted to build one. Sellers have had zero vacancy in 5 years. Plenty of parking front and back. Buyer to assume leases. Rare opportunity for investors in a hot rental market!
Address |
203 & 205 2 Street NW |
List Price |
$699,900 |
Property Type |
Residential |
Type of Dwelling |
Full Duplex |
Area |
Diamond Valley |
Sub-Area |
7662_8888 |
Bedrooms |
12 |
Bathrooms |
4 |
Floor Area |
2,191 Sq. Ft. |
Lot Size |
8589 Sq. Ft. |
Year Built |
1975 |
MLS® Number |
A2073572 |
Listing Brokerage |
REAL BROKER
|
Basement Area |
Finished, Full |
Postal Code |
T0L 0H0 |
Zoning |
R3 |
Site Influences |
Back Yard, Front Yard, Level, Schools Nearby, Shopping Nearby, Park, Sidewalks, Street Lights |