The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit.
Contact Corinne Watson About MLS® A2261330
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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: 4 plex
MLS®#: A2261330
Year Built: 1973
Lot Shape: Back Lane,Back Yard,Corner Lot,Front Yard,Lawn,Near Public Transit,Near Shopping Center
Total Floor Area: 2,583 sq.ft
Restrictions: Utility Right Of Way
Community Information
Address: 11203 6 Street
Neighbourhood: Southwood
City: Calgary
Postal Code: T2W 0E9
interior
Included: 4 Refrigerators, 4 Stoves, 4 Hoodfans
Fireplace Details: For Sale
exterior
Exterior Features: Back Lane, Back Yard, Corner Lot, Front Yard, Lawn, Near Public Transit, Near Shopping Center
Exterior Finish: Wood Frame
Construction: Wood Frame
Roof: Flat Torch Membrane
services & amenities
Parking: Off Street, See Remarks (4 Total Parking Spaces)
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