2412 43 Street SE, CALGARY

2024-09-05
 

Quick Summary

Location
2412 43 Street SE, CALGARY, Alberta T2B1H7
Price
$875,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1895ft2
Year of Construction:
1968

MLS®#A2163308

Property Description

This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants, 7 years to almost 30 years. Rents are incredibly low and WELL UNDER market rates. Room to renovate and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. EASY TO SHOW WITH A LITTLE NOTICE. (id:32467)

Property Features

Building

  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Architectural Style: Bi-level
  • Basement Development: Finished
  • Basement Features: Separate entrance, Suite
  • Basement Type: See Remarks (Finished)
  • Construction Style: Attached
  • Exterior Finish: Brick, Stucco
  • Fireplace: No
  • Flooring Type: Ceramic Tile, Hardwood, Linoleum
  • Interior Size: 1895 sqft
  • Building Type: Multi-Family

Land

  • Land Size: 566 m2|4,051 - 7,250 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R-C2

Information entered by RE/MAX Real Estate (Central)
Listing information last updated on: 2024-10-09 21:16:46


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