MLS ® #:C4286238
On Site:15 Days
Lot Size:0.13 Acres
Attention investors! Rare multi-unit property in SW Calgary with value-add upside. Two-title duplex that can easily generate free cash flow with a 20% down payment and conventional financing. Gross rental income is $2,750/month. Renters pay own utilities. Positive cash flow is hard to find in the Calgary market, donâ€™t miss this rare opportunity to own a lucrative multi-unit investment property. Excellent tenants on both sides with fixed-term leases in place and interest to stay long term. The aspiring landlordâ€™s rental income is de-risked and secure into the future. Property is easy to keep rented, located on Cedarille Drive it is close to bus stops, schools, daycares, green space, and a convenient strip mall. Property is in good rental condition; clean and safe, with good bones. Increase your cap rate in the future with easy upgrades, or continue renting the property as is. Future Calgary ring road is adjacent to Cedarbrae just off Anderson Road, great for future commutes downtown. See feature sheet
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Listing Information Last Updated 2/28/2020
Listing provided courtesy of RE/MAX Landan Real Estate.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data supplied by CREB®'s MLS® System. Data is deemed reliable but is not guaranteed accurate by CREB®.