419 Huntsville Crescent Nw, Calgary, Alberta T2K 4W3

Listed for:
$1,199,900
0 beds
0 baths
Listed 19 days ago
Multi-Family for rent: 419 Huntsville Crescent Nw, Calgary, Alberta T2K 4W3

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About

**INVESTOR ALERT!** An exceptional opportunity to own a **fully rented 4-unit income property with additional garage revenue** at **419 Huntsville Crescent NW**. Offering approximately **3,845 SQ FT of total developed living space**, this property features **2 main-floor units, 2 basement units, plus a double detached garage rented separately**, creating multiple income streams from one outstanding investment. 8600 SQFT LOT SIZE!! The **two main-floor units are 938 SQ FT each** and offer functional, spacious layouts designed for comfortable everyday living. Each unit features **3 bedrooms**, including a generous primary bedroom, a full bathroom, private laundry/mechanical area, kitchen, dining room, spacious living room and its own **private deck**. The well-planned layouts maximize usable living space while providing each tenant with a completely self-contained residence.The **two basement units are 889 SQ FT each** and provide equally impressive layouts. Each basement unit features **3 bedrooms**, a full bathroom, kitchen, dining area, spacious living room and its own dedicated laundry/mechanical area. With a total of **12 bedrooms across the four residential units**, this property offers excellent rental flexibility and strong income-producing potential.Best of all, the property is currently **FULLY RENTED and generating income from day one!** The **2 main-floor units rent for $1,600/month each**, producing **$3,200/month**. The **2 basement units rent for $1,500/month each**, producing another **$3,000/month**. The **double detached garage is separately rented for $350/month**, adding another valuable income stream.Combined, the property currently generates **$6,550 in gross monthly rental income or $78,600 in gross annual rental income**. Annual property taxes are approximately **$6,649.90**.Another major advantage for investors is the utility setup. **ALL 4 RESIDENTIAL UNITS HAVE SEPARATE UTILITY METERS, AND TENANTS PAY THEIR OWN UTILITIES**, help ing reduce the owner's ongoing operating expenses and making the property easier to manage.The separately rented **double detached garage generates an additional $4,200 annually**, maximizing the property's income potential beyond the four residential units.With **4 self-contained residences, 12 total bedrooms, separate laundry facilities, separate utility meters, tenant-paid utilities, additional garage income and established tenants already in place**, this property has all the ingredients of a strong investment opportunity. Whether you're expanding an existing real estate portfolio or searching for a multi-unit property with multiple established revenue streams, **419 Huntsville Crescent NW offers an attractive combination of consistent income, functionality and long-term investment potential.** A rare **TURNKEY INVESTMENT OPPORTUNITY** generating **$78,600 in current gross annual rental income!** (id:27476)

Property Highlights

MLS® Number
A2344457
Type
Multi-family
Community Name
Huntington Hills
Ownership Type
Freehold
Land Size
799 m2|7,251 - 10,889 sqft
Parking Space Total
2

Building

Building Type
Multi-Family
Square Footage
1984 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Real Broker
MLS® number:
A2344457
Agent:
Gurpreet Ghuttora
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