14 Rosetree Crescent Nw, Calgary, Alberta T2K 1M9 New

MLS® # A2332942

$1,399,999

1957 SF

Property Size 1957 SqFt
Year Built 1959
Garages 5

Key Details

STATUS
For sale
TYPE
Multi-Family
BUILT IN
1959
PARKING SPACES
5

Amenities

Golf Course, Park, Schools, Shopping

Description

Rare 4 unit Full Duplex on the largest lot in Rosemont (11,485 SF) delivering exceptional cash flow today and a premier redevelopment play tomorrow. You cannot beat $135,000 of annual gross revenue, creating $70,000 of net operating income. Plus a detached triple garage, sitting on one of the most coveted crescents in this premiere inner-city NW community.14 Rosetree is built for investors: two long-term tenancies (with excellent tenants who would like to stay) provide base income (in the main floor unit and the non-confoming basement suite of 14A Rosetree), while two fully furnished short-term rentals (14 Rosetree, unit #1 [main floor] and unit #2 [legalized basement suite]) create significant positive cash flow. 2025 net operating income of $70,725 on $135,108 gross revenue, a 5.05% cap rate, and a turnkey operating system in place. The current owner/managers are Airbnb Super Hosts & VRBO Premier Hosts and can provide the prospective buyer the blueprint to manage this property with automated systems. Over $130,000 in capital improvements completed since 2022, including a completely renovated and legalized basement suite. The real enduring value is the land. At 11,485 SF, this is basically two full city lots and one of the rare inner-city parcels that supports future redevelopment into two luxury homes, offering long-term optionality that few cash-flowing assets can match.Unbeatable location minutes from Confederation Park, SAIT, Foothills Hospital, University of Calgary and downtown, with the airport roughly 20 minutes via Deerfoot.Cash flow now. Redevelopment later. A truly rare inner-city hold. Please view video and 3D property tour to get a sense of all the units. (id:54406)

PROPERTY FEATURES

  • MLS® Number A2332942
  • Price $1,399,999
  • Square Footage: 1957 sqft
  • Property Type: Multi-Family
  • Community Name: Rosemont
  • Amenities Near By Golf Course, Park, Schools, Shopping
  • Community Features Golf Course Development
  • Features Cul-de-sac, Back Lane, Wood Windows, Pvc Window, Level
  • Parking Space Total 5
  • Plan 5488hm
  • Structure Deck

Buildings

Appliances Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Washer & Dryer Architectural Style Bungalow
Basement Development Finished Basement Features Separate Entrance
Basement Type Full (finished) Constructed Date 1959
Construction Style Attachment Attached Exterior Finish Brick, Metal, Stucco
Flooring Type Ceramic Tile, Hardwood, Vinyl Plank Foundation Type Poured Concrete
Heating Fuel Natural Gas Heating Type Forced Air
Stories Total 1 Size Interior 1957 Sqft
Total Finished Area 1957.43 Sqft Type Multi-family

Parking

Street
Detached Garage 3

Land

Acreage No Fence Type Partially Fenced
Land Amenities Golf Course, Park, Schools, Shopping Landscape Features Landscaped
Size Irregular 11485.09 Size Total 11485.09 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text 11485.09 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) Zoning Description R-cg

BROKERAGE

  • Office: Real Broker
Address

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