1521 27 Avenue SW

Calgary, AB, T2T 1G5

$1,224,900

$607 per ft²
$1,224,900
$607 per ft²
Pending
Pending
 - For Sale
carpenters-square
2,016 ft²
property_type
Multi-family
calendar
Built 1973
If you like being a landlord this is an investor's dream….not only is it a 50 x 1 25 lot located in the heart of South Calgary this one building offers 4  Fully legalized units. This 4Plex has each unit self-contained with its own furnace, electrical panel & in-suite laundry. Each unit contains 2 bedrooms, one main 4piece bath each, full kitchen with fridge, stove, and hood fan. These units have been well-maintained & upgraded over the years. The 2 front units each have balconies with views of the front street. The back of the building is south facing with a Great size backyard for the tenants to use. Large parking space with 4 assigned parking spots. Lots of space for a future 4 car detached garage development. The whole building Rents for approximately $6000 a month & there is room to adjust current rents in the future, Leases exclude utilities tenants pay their own utilities which include gas, heat, and water. Units are separately metered. MC-1 zoning opens up the possibilities of a land assemble play with your neighbours to the west. Make sure to check out not only the photos but the virtual tour of unit 1 for an example of the units in the building. Please contact me if interested or have questions. The property is situated in a neighbourhood with a plethora of amenities and shopping for the tenants to enjoy. This property will always be rented to quality tenants as you are in the heart of Calgary’s most desired neighbourhoods close to downtown, Marda Loop & the hip vibrant 17th Ave. Don’t miss out on this great long-term hold as we are in a rental increase environment & ones like this don’t come up very often!
MLS® ID:
A1242874
Updated:
8/11/22
Sotheby's International Realty
Corinne Poffenroth

Interior Features

Kitchen Appliances
Dryer, Refrigerator, See Remarks, Stove(s), Washer
Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet, Laminate, Other, Tile
Heating
Forced Air, Natural Gas

Exterior/Building Features

Lot Size
6,243 ft² lot
Architectural Style
Bi-Level, Side by Side

Other Property Details

Garage
No
Parking
Off Street, Open, Parking Lot
Parking Total
4.0
View
N
County
Calgary
Total Stories
1
Zoning
M-C1

Property History

Date
Event
Price
Value
8/7/22
Pending
-
-

 

Courtesy of REAL ESTATE PROFESSIONALS INC.

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Data last updated 9:08 AM UTC, 8/11/22

Sotheby's International Realty
Corinne Poffenroth
Contact