About 1 & 2, 2218 30 Avenue Sw
INVESTOR ALERT!!! This newly renovated, turnkey, 4 unit (3 legal) full duplex in the heart of Richmond, affectionately known by locals as Marda Loop is an exceptional investment opportunity for the savvy investor, or for someone looking to start their real estate portfolio. With the anticipated gross rental income of $8,850 a month it gives this property a 6.43% cap rate, a very attractive return on investment. No expense was spared during this fully permitted, complete renovation - all new triple pane windows, 3 new furnaces, 2 new hot water tanks, 6.5mm luxury vinyl plank flooring throughout, complete new kitchens, new bathrooms, in-unit laundry in all 4 units, topped up attic insulation, and a freshly landscaped property - the list goes on and on. Location matters - Richmond/ Marda Loop is a proven neighbourhood that continues to remain vibrant, and on trend. Richmond is a desirable location for a rental property based on popularity amongst students, young working professionals and families. Walking distance to restaurants, boutiques, everyday shopping and only a quick drive into downtown. This 4 unit (3 legal, 1 illegal) garden walk-out duplex plus large double garage is perfectly situated. It’s your time to capitalize on the thriving rental market in a neighbourhood that promises success!
Features of 1 & 2, 2218 30 Avenue Sw
| MLS® # | A2085647 |
|---|---|
| Price | $1,399,000 |
| Sold Price | $1,425,000 |
| Bedrooms | 10 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 2,414 |
| Acres | 0.14 |
| Year Built | 1956 |
| Type | Residential |
| Sub-Type | Duplex |
| Style | 2 Storey, Side by Side |
| Status | Sold |
Community Information
| Address | 1 & 2, 2218 30 Avenue Sw |
|---|---|
| Subdivision | Richmond |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2T 1R7 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Double Garage Detached, Parking Pad |
| Is Waterfront | No |
Interior
| Interior Features | Quartz Counters, Vinyl Windows |
|---|---|
| Appliances | Dishwasher, Garage Control(s), Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings |
| Heating | Forced Air, Natural Gas |
| Cooling | Rough-In |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Wood Burning |
| Has Basement | Yes |
| Basement | Separate/Exterior Entry, Finished, Suite, Walk-Out |
Exterior
| Exterior Features | Awning(s), Garden, Private Entrance |
|---|---|
| Lot Description | Back Lane, Low Maintenance Landscape, Landscaped |
| Roof | Asphalt Shingle |
| Construction | Concrete, Stucco, Wood Frame |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | October 5th, 2023 |
|---|---|
| Date Sold | January 30th, 2024 |
| Days on Market | 30 |
| Zoning | R-C2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | CENTURY 21 BRAVO REALTY |
|---|