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946 & 948 31 Avenue Nw Calgary, Alberta T2K 0A5

7 Bedroom 4 Bathroom 1741 sqft
Bungalow None Forced Air Garden Area, Landscaped

$1,250,000

This turn-key legal 4 plex has recently undergone a substantial renovation, including the legalization of both basement suites, new windows, exterior paint, furnaces(3), water tank, roof, landscaping/yard space & two basement suite renovations with high end finishings, totaling nearly $200,000 in Capital expenditures since 2021. Offering a total of 7 bedrooms, 4 bathrooms & over 3300 square feet of living space over 4 units, private fenced yards, storage sheds and newly graded driveways with parking for 4 and located just one block to Confederation Park, walking paths, tennis/pickleball courts, a dog park, public transportation and just a short 7-minute commute downtown. Currently generating $8000/mth in rental income and showing a 6.4% cap rate, these opportunities simply do not present themselves often. Good standing leases in place, self-managed complex, professional tenants with exceptional location appeal. (id:49443)

Property Details

MLS® Number A2082839
Property Type Multi-family
Community Name Cambrian Heights
Amenities Near By Park, Playground, Recreation Nearby
Features Back Lane, Pvc Window, Level
Parking Space Total 4
Plan 0111031

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Below Ground 3
Bedrooms Total 7
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Architectural Style Bungalow
Basement Development Finished
Basement Features Suite
Basement Type Full (finished)
Constructed Date 1958
Construction Material Wood Frame
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Wood Siding
Flooring Type Carpeted, Ceramic Tile, Vinyl Plank
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 1
Size Interior 1741 Sqft
Total Finished Area 1741 Sqft

Parking

Other
Parking Pad

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Recreation Nearby
Landscape Features Garden Area, Landscaped
Size Depth 30.48 M
Size Frontage 18.29 M
Size Irregular 557.00
Size Total 557 M2|4,051 - 7,250 Sqft
Size Total Text 557 M2|4,051 - 7,250 Sqft
Zoning Description R-c2

Rooms

Level Type Dimensions
Basement Bedroom 10.25 Ft x 9.33 Ft
Basement Bedroom 11.67 Ft x 10.58 Ft
Basement Other 13.00 Ft x 7.67 Ft
Basement Family Room 14.25 Ft x 10.17 Ft
Basement Storage 6.58 Ft x 6.25 Ft
Basement Bedroom 10.33 Ft x 10.17 Ft
Basement Living Room 18.08 Ft x 14.17 Ft
Basement Laundry Room 10.42 Ft x 7.42 Ft
Basement Storage 6.58 Ft x 6.25 Ft
Basement 3pc Bathroom 9.42 Ft x 7.92 Ft
Basement 4pc Bathroom 7.33 Ft x 6.50 Ft
Main Level Living Room 15.00 Ft x 13.33 Ft
Main Level Kitchen 12.42 Ft x 9.92 Ft
Main Level Dining Room 8.33 Ft x 5.42 Ft
Main Level Primary Bedroom 12.58 Ft x 9.83 Ft
Main Level Bedroom 11.42 Ft x 9.00 Ft
Main Level Laundry Room 3.00 Ft x 2.58 Ft
Main Level Living Room 15.00 Ft x 13.33 Ft
Main Level Kitchen 12.42 Ft x 9.92 Ft
Main Level Dining Room 8.33 Ft x 5.42 Ft
Main Level Primary Bedroom 12.58 Ft x 9.83 Ft
Main Level 4pc Bathroom 8.75 Ft x 6.33 Ft
Main Level 4pc Bathroom 8.58 Ft x 6.25 Ft
Main Level Bedroom 11.42 Ft x 9.00 Ft

https://www.realtor.ca/real-estate/26093598/946-948-31-avenue-nw-calgary-cambrian-heights