1920 12 Avenue Sw, Calgary, Alberta

About 1920 12 Avenue Sw

Savvy investors check out this INCREDIBLE INVESTMENT OPPORTUNITY WITH BELOW MARKET RENTS and POTENTIAL TO INCREASE RENTS - CURRENT CAP RATE IS 5.5% and $76,000 NOI after property taxes and insurance. All tenants pay their own utilities. Very turn key cash flow property with no common area! This 4 plex has FOUR 3 bedroom/2 bathroom units in one, making your job as a landlord that much easier! M-C2 zoning(don't forget the city rezoning coming up for future development) with an extra deep 50' x 130' lot in PRIME AREA of Sunalta!! 'Four corner' 4plex style feels like each unit is it's own home with privacy and security. **Each unit has 3 bedrooms, 2 bathrooms, a fireplace, a private balcony, separate in-suite laundry room, a furnace, a hot water tank and an electrical panel**. Four good-sized parking stalls in the back allow tenants to leave their cars parked at home and stroll around this charming neighbourhood and neighbouring communities. All units have been recently renovated in past few years including roof, windows, railings on balconies, furnaces and hot water tanks and feature a spacious layout with large windows. Phenomenally located on a quiet street, just 4 blocks to the C-Train Station, within walking distance to top schools, diverse shops, great restaurants and tranquil river pathways plus only minutes to downtown, Kensington and trendy 17th Ave, perfect for any active lifestyle. PLEASE SEE SUPPLEMENTS FOR RENTAL INCOME AND EXPENSES. THANKS

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