Listing Provided Courtesy Of:
2% REALTY
Address
7717 & 7719 41 Avenue NW Calgary, AB
Price
$ 789,000
Property Attributes
  • Listing#A1084041
  • TypeMulti-Family
  • CityCalgary
  • AreaCalgary - Zone NW
  • NeighbourhoodBowness
  • Postal CodeT3B 1X7
  • Style4 plex
  • Price$ 789,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2052
  • Lot Size6,846 SqFt
Listing Provided Courtesy Of:
2% REALTY
Data Source:
Pillar 9 MLS System
Property Description

INVESTOR ALERT! OR Live in One Unit for yourself and Rent Three Units to pay off your mortgage, utilities and insurance. Opportunity knocks with this great purpose-built LEGAL FOURPLEX in Bowness! It is MC-1 Zoning Calgary which allows you to develop 3-4 story apartment buildings when you are ready to develop. Until such development, this property generates a great cash flow for your passive income. The property is consisting of 2 upper units with 3 Bedrooms + 2 lower units with 2 Bedrooms. Each unit is separately metered, has in-suite laundry and parking in the rear. New windows, flooring and paint in the upper NE unit (see pictures & virtual tour). Upper units have balconies and overlook the park across the street. The property currently generates over $37k annually, with room to improve once the fourth unit rents out. It used to generate over $55k annually. It is very easy to find a tenant in this area. A simple "rent sign" on the window has attracted many inquiries and phone calls. Minutes to many amenities, transit, shops, grocery store, gas station, parks and schools. Solid building in an excellent long-term hold location. Don't miss out on this fantastic property with tons of upside.

Price History
3/24/2021 Listed $789,000

General Features

Community Features Schools Nearby, Playground, Shopping Nearby
District CAL Zone NW
Parking Total 4
Property SubType 4 plex
Property Type Multi-Family
Structure Type Four Plex
Subdivision Name Bowness
Transaction Type For Sale
Zoning M-C1

Interior Features

Building Area Total Metres 0.00
Building Area Total Sf 0.00
Laundry Features In Unit, Multiple Locations
Main Level Areas SquareFeet

Exterior Features

Public Remarks INVESTOR ALERT! OR Live in One Unit for yourself and Rent Three Units to pay off your mortgage
Building Area Total 0.00
Frontage Length 21.33M 70`0
Lot Size Acres 0.16

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in T3B 1X7

Price
AVG $790K
$790K
Visits
AVG 491
273
Year Built
AVG 1969
1969
Walkscore
AVG 56
56
Data Provided by Walkscore ® not using MLS data