$1,350,000

About this home

An exceptional turnkey investment opportunity in the highly sought-after community of Rosemont. This fully renovated fourplex offers four self contained units, each featuring two spacious bedrooms, a full bathroom, separate laundry, and modern finishes completed in 2022. With fully legal basement suites and low-maintenance interiors, this property is designed to maximize cash flow while minimizing ongoing upkeep.Ideally situated with easy access to downtown Calgary, SAIT, and the University of Calgary, the location consistently attracts a strong tenant pool, helping to ensure stable occupancy year after year. Residents will appreciate the unique setting backing onto green space and fronting directly onto Confederation Park Golf Course, providing attractive views and a desirable lifestyle rarely found in income properties.Currently generating $7,950 per month in rental income and offering an approximate 5% cap rate, this is a compelling opportunity for investors seeking a well-positioned asset with strong income potential in one of Calgary’s most established and desirable inner-city communities. (id:66681)

Property details

Bedrooms

8

Bathrooms

4

Half baths

0

Year built

1958

Property type

Residential

Building type

Bungalow

Appliances

Washer, Refrigerator, Cooktop - Electric, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Garage door opener

Parking

Detached Garage (4)

Zoning

R-CG

Community

Rosemont

MLS®

A2327310

Days on market

23

Location