Fantastic opportunity to own a fully renovated 5-unit multi-family investment property in the heart of Richmond—just steps from transit, shops, and amenities. This property features five total units, each offering 1 bedroom and 1 bathroom. Currently, four of the five units are rented, generating a strong monthly income of $5,725 ($68,700 annually), with leases in place for all rented suites. With the additional of Unit E into the rental pool, monthly rent could go up to at least $6,725 ($80,700 annually). Each unit underwent a full renovation, ensuring low maintenance and modern appeal for years to come. Recent upgrades include a new roof, new sliding doors, newly paved parking area, automated heating and alarm systems, newer hot water heater, and newer furnaces. The property also includes a detached accessory building/shop offering additional rental income potential. An ideal turn-key revenue property in one of Calgary’s most desirable inner-city neighbourhoods!
Contact Corinne Watson About MLS® A2268473
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Corinne Watson , 403-921-7653 at CIR Realty North West, #168, 8060 Silver Springs Blvd. N.W., Calgary, Alberta, T3B 5K1
property information
Property Type: Apartment Style Condo
MLS®#: A2268473
Year Built: 1949
Total Floor Area: 2,131 sq.ft
Community Information
Address: 1917 24 Street
Neighbourhood: Richmond
City: Calgary
Postal Code: T2E 9C6
interior
Included: property maintenance in the detached shop
Fireplace Details: For Sale
Basement: Full, Full
exterior
Exterior Finish: Stucco, Wood Frame
Construction: Stucco,Wood Frame
Roof: Flat Torch Membrane
services & amenities
Parking: Off Street, Stall (7 Total Parking Spaces)
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