Calgary, AB T3C 0R8,1920 12 AVE SW
Calgary, AB T3C 0R8,1920 12 AVE SW
Calgary, AB T3C 0R8,1920 12 AVE SW
10
$1,450,000
$1,399,000
3.6%
Est.Price: ?

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6,512 SqFt

1920 12 AVE SW Calgary, AB T3C 0R8

Est. payment /mo
SOLD DATE : 04/22/2024

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Key Details

Sold Price $1,450,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 6,512 sqft

Price per Sqft $222

Subdivision Sunalta

MLS® Listing ID A2123698

Sold Date 04/22/24

Originating Board Calgary

Year Built 1976

Annual Tax Amount $8,017

Tax Year 2023

Lot Size 6,512 Sqft

Acres 0.15

Property Description

Savvy investors check out this INCREDIBLE INVESTMENT OPPORTUNITY WITH BELOW MARKET RENTS and POTENTIAL TO INCREASE RENTS - CURRENT CAP RATE IS 5.5% and $76,000 NOI after property taxes and insurance. All tenants pay their own utilities. Very turn key cash flow property with no common area! This 4 plex has FOUR 3 bedroom/2 bathroom units in one, making your job as a landlord that much easier! M-C2 zoning(don't forget the city rezoning coming up for future development) with an extra deep 50' x 130' lot in PRIME AREA of Sunalta!! 'Four corner' 4plex style feels like each unit is it's own home with privacy and security. **Each unit has 3 bedrooms, 2 bathrooms, a fireplace, a private balcony, separate in-suite laundry room, a furnace, a hot water tank and an electrical panel**. Four good-sized parking stalls in the back allow tenants to leave their cars parked at home and stroll around this charming neighbourhood and neighbouring communities. All units have been recently renovated in past few years including roof, windows, railings on balconies, furnaces and hot water tanks and feature a spacious layout with large windows. Phenomenally located on a quiet street, just 4 blocks to the C-Train Station, within walking distance to top schools, diverse shops, great restaurants and tranquil river pathways plus only minutes to downtown, Kensington and trendy 17th Ave, perfect for any active lifestyle. PLEASE SEE SUPPLEMENTS FOR RENTAL INCOME AND EXPENSES. THANKS

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-C2

Interior

Heating Forced Air, Natural Gas

Appliance See Remarks

Laundry In Unit, Multiple Locations

Exterior

Parking Features Off Street, Stall

Garage Description Off Street, Stall

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Utilities Available Natural Gas Available

Roof Type Asphalt Shingle

Porch Balcony(s)

Total Parking Spaces 4

Building

Lot Description Back Lane, Near Shopping Center, Landscaped, Level, Near Public Transit, See Remarks

Foundation Poured Concrete

Water Public, See Remarks

Structure Type Wood Frame,Wood Siding

Others

Restrictions None Known

Tax ID 83052807

Ownership Private

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Listed by RE/MAX House of Real Estate

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agent

Sherry Heitzer

Agent

+1(403) 925-4663

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