SOLD

203 & 205 2 Street NW

Full Duplex For Sale in 7662_8888, Diamond Valley

$699,900
  • 12 Beds
  • 4 Baths
  • 2,191 Sq. Ft.
  • Built 1975
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