948 31 Avenue NW, Calgary, AB T2K0A5
948 31 Avenue NW, Calgary, AB T2K0A5
948 31 Avenue NW, Calgary, AB T2K0A5
948 31 Avenue NW, Calgary, AB T2K0A5
948 31 Avenue NW, Calgary, AB T2K0A5
948 31 Avenue NW, Calgary, AB T2K0A5
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$ 1,250,000
Est. payment | /mo

7 Beds

4 Baths

1,898 SqFt


$ 1,250,000
Est. payment | /mo

7 Beds

4 Baths

1,898 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1898

Square Footage 1,898 sqft

Price per Sqft $658

Subdivision Cambrian Heights

MLS® Listing ID A2351440

Style Bungalow

Bedrooms 7

Year Built 1958

Lot Size 5,995 Sqft

Acres 0.1376377

Property Sub-Type Freehold

Property Description

Capitalize on a turnkey, revenue-generating INCREDIBLE investment property. This full duplex features 4 fully legal suites that currently collectively generate over $8,000 / month in gross rental income, backed by an exceptional tenant profile & strong leases. Within the last 5 years, the property has undergone nearly $200,000 in comprehensive capital renovations. Major upgrades include two high-end basement legalizations (to make legal suites), updated mechanical systems (3 furnaces & water heater), a newer roof, energy-efficient windows, fresh exterior aesthetics, and optimized outdoor amenities featuring private fenced yards and graded four-car parking. Spanning over 3,300 sq ft across 7 bedrooms and 4 bathrooms, the complex already has excellent tenants in place. Its positioning just one block from Confederation Park & minutes from downtown ensures perpetual high demand and minimal vacancy. With all major heavy lifting completed, this self-managed asset presents a seamless, high-yield expansion opportunity for any real estate portfolio. (id:24570)

Location

Province AB

Rooms

Kitchen 3.0

Extra Room 1 Basement 10.75 Ft x 13.83 Ft Laundry room

Extra Room 2 Basement 14.42 Ft x 14.42 Ft Recreational, Games room

Extra Room 3 Basement 7.33 Ft x 9.33 Ft 4pc Bathroom

Extra Room 4 Basement 10.50 Ft x 18.25 Ft Bedroom

Extra Room 5 Basement 14.08 Ft x 15.50 Ft Kitchen

Extra Room 6 Basement 7.50 Ft x 3.67 Ft Storage

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Ceramic Tile, Vinyl

Exterior

Parking Features No

Fence Fence, Partially fenced

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Landscaped, Lawn

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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NEARBY SCHOOLS & PROPERTIES

Cody Tritter
Cody Tritter

Calgary REALTOR®

+1(403) 478-5587 | info@repyyc.com

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948 31 Avenue NW