Capitalize on a turnkey, revenue-generating INCREDIBLE investment property. This full duplex features 4 fully legal suites that currently collectively generate over $8,000 / month in gross rental income, backed by an exceptional tenant profile & strong leases. Within the last 5 years, the property has undergone nearly $200,000 in comprehensive capital renovations. Major upgrades include two high-end basement legalizations (to make legal suites), updated mechanical systems (3 furnaces & water heater), a newer roof, energy-efficient windows, fresh exterior aesthetics, and optimized outdoor amenities featuring private fenced yards and graded four-car parking. Spanning over 3,300 sq ft across 7 bedrooms and 4 bathrooms, the complex already has excellent tenants in place. Its positioning just one block from Confederation Park & minutes from downtown ensures perpetual high demand and minimal vacancy. With all major heavy lifting completed, this self-managed asset presents a seamless, high-yield expansion opportunity for any real estate portfolio. (id:63559)
| MLS® Number | A2351440 |
| Property Type | Multi-family |
| Community Name | Cambrian Heights |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Back Lane, Pvc Window |
| Parking Space Total | 4 |
| Plan | 0111031 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 7 |
| Appliances | Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave Range Hood Combo, Hood Fan, See Remarks, Window Coverings |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1958 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Wood Siding |
| Flooring Type | Carpeted, Ceramic Tile, Vinyl |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,898 Ft2 |
| Total Finished Area | 1898 Sqft |
| Other | |
| Parking Pad |
| Acreage | No |
| Fence Type | Fence, Partially Fenced |
| Land Amenities | Park, Playground, Schools, Shopping |
| Landscape Features | Landscaped, Lawn |
| Size Depth | 31.65 M |
| Size Frontage | 17.71 M |
| Size Irregular | 557.00 |
| Size Total | 557 M2|4,051 - 7,250 Sqft |
| Size Total Text | 557 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-c2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Laundry Room | 10.75 Ft x 13.83 Ft | ||
| Basement | Recreational, Games Room | 14.42 Ft x 14.42 Ft | ||
| Basement | 4pc Bathroom | 7.33 Ft x 9.33 Ft | ||
| Basement | Bedroom | 10.50 Ft x 18.25 Ft | ||
| Basement | Kitchen | 14.08 Ft x 15.50 Ft | ||
| Basement | Storage | 7.50 Ft x 3.67 Ft | ||
| Basement | Furnace | 4.08 Ft x 12.42 Ft | ||
| Basement | 3pc Bathroom | 7.42 Ft x 9.00 Ft | ||
| Basement | Bedroom | 10.33 Ft x 9.42 Ft | ||
| Basement | Bedroom | 11.75 Ft x 10.67 Ft | ||
| Basement | Living Room | 10.50 Ft x 14.33 Ft | ||
| Basement | Kitchen | 7.58 Ft x 13.58 Ft | ||
| Basement | Laundry Room | 6.25 Ft x 6.67 Ft | ||
| Basement | Furnace | 4.08 Ft x 14.17 Ft | ||
| Main Level | 4pc Bathroom | 5.00 Ft x 10.00 Ft | ||
| Main Level | Bedroom | 9.17 Ft x 11.50 Ft | ||
| Main Level | Dining Room | 10.92 Ft x 9.83 Ft | ||
| Main Level | Kitchen | 9.92 Ft x 12.42 Ft | ||
| Main Level | Living Room | 15.08 Ft x 13.58 Ft | ||
| Main Level | Primary Bedroom | 9.92 Ft x 15.08 Ft | ||
| Main Level | 4pc Bathroom | 4.92 Ft x 10.08 Ft | ||
| Main Level | Bedroom | 9.00 Ft x 11.42 Ft | ||
| Main Level | Dining Room | 9.00 Ft x 8.42 Ft | ||
| Main Level | Kitchen | 9.92 Ft x 12.42 Ft | ||
| Main Level | Living Room | 15.08 Ft x 13.50 Ft | ||
| Main Level | Primary Bedroom | 9.92 Ft x 15.08 Ft |
https://www.realtor.ca/real-estate/30387481/948-31-avenue-nw-calgary-cambrian-heights
Contact us for more information
Mackenzie Braun
Associate
(403) 253-1901
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