11203 6 ST SW new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2W 0E9
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2582.59
Square Footage 2,582 sqft
Price per Sqft $503
Subdivision Southwood
MLS Listing ID A2261330
HOA Y/N No
Year Built 1973
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type 4 plex
Property Description
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.
Location
Province AB
County Cal Zone S
Area Cal Zone S
Zoning M-C1
Interior
Heating Forced Air
Inclusions 4 Refrigerators, 4 Stoves, 4 Hoodfans
Fireplace No
Appliance See Remarks
Exterior
Parking Features Off Street,See Remarks
Roof Type Flat Torch Membrane
Total Parking Spaces 4
Garage No
Building
Lot Description Back Lane,Back Yard,Corner Lot,Front Yard,Lawn,Near Public Transit,Near Shopping Center
Dwelling Type Four Plex
Others
Restrictions Utility Right Of Way
Virtual Tour https://youtu.be/qBVLPfR2sYU