715 5 Street Ne, Calgary, Alberta T2E 3W7 New

MLS® # A2335405

$1,200,000

2384 SF

Property Size 2384 SqFt
Year Built 1971
Garages 4

Key Details

STATUS
For sale
TYPE
Multi-Family
BUILT IN
1971
PARKING SPACES
4

Amenities

Park, Schools, Shopping

Description

Excellent investment opportunity in the established community of Renfrew, just minutes from downtown Calgary. 50 x 120 M-C2 lot with views of downtown. This property features four identical bilevels (A through D). Rare 3-bedroom units are easy to rent! Recent updates include all furnaces in 2018, updated kitchens, and tile and vinyl flooring in most units within the last 10 years, the property has vinyl windows and newer doors but the age is unknown. The main floor of each unit features a bright, open layout with vaulted ceilings, a spacious living room with a wood burning fireplace, a separate dining area, and a well-designed kitchen. The lower levels offer 3 bedrooms, a 4 piece bathroom, and a laundry + mechanical room. Vinyl plank flooring and tile provide durability and easy maintenance throughout. This is an excellent opportunity to own a well-located income property close to downtown Calgary with lots of future potential. Separate utility meters on all 4 units. Gross annual income is $80,400. Projected annual income with increased rents is 90,000. (id:54406)

PROPERTY FEATURES

  • MLS® Number A2335405
  • Price $1,200,000
  • Square Footage: 2384 sqft
  • Property Type: Multi-Family
  • Community Name: Renfrew
  • Amenities Near By Park, Schools, Shopping
  • Features Back Lane
  • Parking Space Total 4
  • Plan 5386l
  • Structure Shed
  • Total Buildings 1

Buildings

Appliances Refrigerator, Dishwasher, Stove, Window Coverings, Washer & Dryer Architectural Style Bi-level
Basement Development Finished Basement Type Full (finished)
Constructed Date 1971 Construction Material Wood Frame
Cooling Type None Exterior Finish Brick, Stucco
Fireplace Present Yes Fireplace Total 4
Flooring Type Carpeted, Tile, Vinyl Plank Foundation Type Poured Concrete
Heating Fuel Natural Gas Heating Type Forced Air
Size Interior 2384 Sqft Total Finished Area 2383.94 Sqft
Type Multi-family

Parking

Other
Parking Pad

Land

Acreage No Fence Type Not Fenced
Land Amenities Park, Schools, Shopping Size Depth 36.48 M
Size Frontage 15.28 M Size Irregular 554.00
Size Total 554 M2|4,051 - 7,250 Sqft Size Total Text 554 M2|4,051 - 7,250 Sqft
Zoning Description M-c2

BROKERAGE

  • Office: Century 21 Masters
Address

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