715 5 Street Ne, Calgary, Alberta T2E 3W7

Listed for:
$1,200,000
0 beds
0 baths
Listed 7 days ago
Multi-Family for rent: 715 5 Street Ne, Calgary, Alberta T2E 3W7

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About

Excellent investment opportunity in the established community of Renfrew, just minutes from downtown Calgary. 50 x 120 M-C2 lot with views of downtown. This property features four identical bilevels (A through D). Rare 3-bedroom units are easy to rent! Recent updates include all furnaces in 2018, updated kitchens, and tile and vinyl flooring in most units within the last 10 years, the property has vinyl windows and newer doors but the age is unknown. The main floor of each unit features a bright, open layout with vaulted ceilings, a spacious living room with a wood burning fireplace, a separate dining area, and a well-designed kitchen. The lower levels offer 3 bedrooms, a 4 piece bathroom, and a laundry + mechanical room. Vinyl plank flooring and tile provide durability and easy maintenance throughout. This is an excellent opportunity to own a well-located income property close to downtown Calgary with lots of future potential. Separate utility meters on all 4 units. Gross annual income is $80,400. Projected annual income with increased rents is 90,000. (id:27476)

Property Highlights

MLS® Number
A2335405
Type
Multi-family
Community Name
Renfrew
Ownership Type
Freehold
Land Size
554 m2|4,051 - 7,250 sqft
Parking Space Total
4

Building

Building Type
Multi-Family
Square Footage
2384 sqft
Amenities
Park, Schools, Shopping
Exterior Finish
Brick, Stucco
Fireplace Present
Yes
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
Century 21 Masters
MLS® number:
A2335405
Agent:
Drew Flemmer
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