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    7717 & 7719 41 Avenue NW

    Calgary, AB T3B 1X7
    • $789,000
    • STATUS: Active
    • ID#: A1084041
    UPDATED: 84 min ago
    $789,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,052
      SQFT
    • $385
      $/SQFT
    Neighbourhood:
    Type:
    Multi-Family
    Built:
    1969
    Area:

    Description

    INVESTOR ALERT! OR Live in One Unit for yourself and Rent Three Units to pay off your mortgage, utilities and insurance. Opportunity knocks with this great purpose-built LEGAL FOURPLEX in Bowness! It is MC-1 Zoning Calgary which allows you to develop 3-4 story apartment buildings when you are ready to develop. Until such development, this property generates a great cash flow for your passive income. The property is consisting of 2 upper units with 3 Bedrooms + 2 lower units with 2 Bedrooms. Each unit is separately metered, has in-suite laundry and parking in the rear. New windows, flooring and paint in the upper NE unit (see pictures & virtual tour). Upper units have balconies and overlook the park across the street. The property currently generates over $37k annually, with room to improve once the fourth unit rents out. It used to generate over $55k annually. It is very easy to find a tenant in this area. A simple "rent sign" on the window has attracted many inquiries and phone calls. Minutes to many amenities, transit, shops, grocery store, gas station, parks and schools. Solid building in an excellent long-term hold location. Don't miss out on this fantastic property with tons of upside.

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    Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-04-17T23:29:50.607.
    www.wilsonsoares.ca/homes/115424463
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    7717 & 7719 41 Avenue NW Calgary, AB T3B 1X7

    • Price: $789,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: A1084041
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,052
    SQFT
    $385
    $/SQFT
    1969
    Built
    Neighbourhood:
    Bowness
    Area:
    Calgary
    Property Description
    INVESTOR ALERT! OR Live in One Unit for yourself and Rent Three Units to pay off your mortgage, utilities and insurance. Opportunity knocks with this great purpose-built LEGAL FOURPLEX in Bowness! It is MC-1 Zoning Calgary which allows you to develop 3-4 story apartment buildings when you are ready to develop. Until such development, this property generates a great cash flow for your passive income. The property is consisting of 2 upper units with 3 Bedrooms + 2 lower units with 2 Bedrooms. Each unit is separately metered, has in-suite laundry and parking in the rear. New windows, flooring and paint in the upper NE unit (see pictures & virtual tour). Upper units have balconies and overlook the park across the street. The property currently generates over $37k annually, with room to improve once the fourth unit rents out. It used to generate over $55k annually. It is very easy to find a tenant in this area. A simple "rent sign" on the window has attracted many inquiries and phone calls. Minutes to many amenities, transit, shops, grocery store, gas station, parks and schools. Solid building in an excellent long-term hold location. Don't miss out on this fantastic property with tons of upside.
    Exterior Features

    Frontage Length 21.33M 70`0" Parking Total 4 Structure Type Four Plex

    Interior Features

    Building Area Total SF 0.00 Ensuite YN No Laundry Features In UnitMultiple Locations

    Property Features

    Additional Parcels YN No Building Area Total 0.00 Community Features Schools NearbyPlaygroundShopping Nearby District Cal Zone Nw Property Sub Type 4 Plex Title Land Fee Simple Transaction Type For Sale Zoning M-C1

    Listing provided courtesy of 2% REALTY. © 2021 CREB®. All Rights Reserved.
    Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-04-17T23:29:50.607.
     
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    Calgary AB,