This well-maintained 5-plex offers an exceptional opportunity for investors in the highly sought-after neighborhood of Bowness. This property combines convenience with solid returns, producing a 5% CAP rate. 4/5 units are currently occupied with month-to-month tenants, providing flexibility for rental adjustments or redevelopment. Situated close to schools, parks, shopping, and transit, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-generating asset in a fantastic location. Don't miss this chance to secure a valuable piece of Calgary's thriving rental market. (id:51438)
MLS® Number | A2176095 |
Property Type | Multi-family |
Neigbourhood | Highland Park |
Community Name | Bowness |
Plan | 7910051 |
ConstructedDate | 1978 |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeExterior | 4451 Sqft |
SizeInterior | 4451 Sqft |
TotalFinishedArea | 4451 Sqft |
Type | Multi-family |
Acreage | No |
SizeIrregular | 683.00 |
SizeTotal | 683 M2|7,251 - 10,889 Sqft |
SizeTotalText | 683 M2|7,251 - 10,889 Sqft |
ZoningDescription | M-c1 |
https://www.realtor.ca/real-estate/27595542/7511-41-avenue-nw-calgary-bowness
Contact us for more information