Listing Provided Courtesy Of:
RE/MAX REAL ESTATE (CENTRAL)
Address
4524 75 ST NW Calgary, AB
Price
$ 1,295,000
Property Attributes
  • ML#C4253298
  • TypeMulti-Family
  • RegionCALGARY
  • CityCalgary
  • AreaCalgary - Zone NW
  • NeighbourhoodBowness
  • Postal Codet3b2m9
  • StyleMulti Unit
  • Price$ 1,295,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6912
Listing Provided Courtesy Of:
RE/MAX REAL ESTATE (CENTRAL)
Property Description

CONDO TITLED 7 UNIT COMPLEX......$185,000 A DOOR .....RISING RENTS, UNIT 1 JUST RENTED FOR $1,050/MO.....PRICE REDUCED BY $280,000.....$100,000 LESS THAN ASSESSMENT. All units are 2 bedroom, 2 level, with their own furnace, hot water tank washer and dryer, separate meters and separate entrance. 100% parking for 7 units. All self contained. Low expenses as no common areas. Always full with affordable rent ; current rent roll is $6,400/month, market rent is approx $7,350/mo. PERFECT FOR AN INVESTOR. Major developments such as Greenwich and Sunnyside. I hear REAL CANADIAN SUPERSTORE. Major upgrades to Bowness Park, Beaumont and Shouldice. Only 1/2 block to newly planned Bowness High School with its elite athlete program. Close to FOOTHILLS HOSPITAL AND the ALBERTA CHILDRENS' HOSPITAL. This is a large lot. Very low expenses: insurance $1,340, waste $1,260, taxes $9,324. income $76,800. Cap rate 4.7% with 3% vacancy and 3% maintenance, 5.1% with $995 rents. Improvements pay big dividends.

Price History
6/10/2019 Listed $1,365,000
9/10/2019 6% - $1,295,000

General Features

Community Bowness
Condo Type Conventional
County Calgary
Property Sub Type Multi Unit
Property Type Commercial
Site Influences Back Lane, Flat Site, Public Transportation, Shopping Nearby, Street Lighting
Source Board Calgary Real Estate Board Cooperative
Transaction Type For Sale
Unit Number 1 to 7
Year Built 1972
Zone Zone NW

Interior Features

Total Baths 0.00

Exterior Features

Acres 0.0000
Construction Type Wood Frame
Frontage Metres 22.8600
Lot Size Area 1045.0000
Total Parking 7

Amenities

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

Property vs Postal Code Average in t3b2m9

Price
AVG $1.3M
$1.3M
Visits
AVG 110
217
Year Built
AVG 1972
1972
Walkscore
AVG 59
59
Data Provided by Walkscore ® not using MLS data

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