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