A great opportunity to own a revenue property in trendy Marda Loop, with long term tenants. A well-maintained 4-plex with updates throughout-carpet, laminate counters and freshly painted. Each unit consists of 2 bedrooms + a wood burning fireplace, complete with assigned parking, in-suite laundry, and storage. Conveniently located minutes from all amenities, public library, Mount Royal University, and walking distance to downtown. The two lower units have a walkout basement, providing plenty of natural south light, while the upper 2 units have large balconies. The property generates close to $41,000 of income year ( monthly rents are $900 x 2, $825, $775 ). Units could be rented for $1,100/month. Tenants pay their own utilities and the owner pays the property taxes.
Address
1520 34 Ave SW
List Price
$889,900
Type of Dwelling
Multi Family
Area
Calgary CC
Sub-Area
South Calgary
Floor Area
556 Sq. Ft.
Year Built
1974
MLS® Number
SOLD
Listing Brokerage
Royal LePage Benchmark
Postal Code
T2T 2A9
Zoning
Zone CC
Tax Amount
$4,957.00
Tax Year
2016
Site Influences
Back Lane, Flat Site, Landscaped, Public Transportation, Shopping Nearby