Property Details

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Featured in:

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1520 34 Avenue SW
Calgary (A2204641)

$1,199,900
1,979 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

A fantastic opportunity to own an investment property in trendy Marda Loop with long-term tenants! This well-maintained gravel roofed building (~3830 square feet total) boasts 4 identical and spacious (~950 square feet) 2-bedroom units, each with its own private entrance, full bathroom, brick faced wood burning fireplace, convenient in-suite laundry, storage, dedicated furnace and hot water tank, as well as paved and assigned off-street parking at the rear. The lower units are both walkouts providing plenty of natural south light, while the upper units have expansive balconies all shielded from the street by mature trees. Location is everything. Residents here enjoy being steps away from trendy boutiques, independent shops, bars, unique cafés and incredible restaurants. Grocery shopping and errands couldn't be easier with Safeway, Calgary Co-op, and several farmer's markets nearby. The area is equally rich in top-rated schools, parks and recreational spaces and is a short commute to downtown. All units are currently rented and the property generates an impressive ~$75,000 of income per year. Tenants pay their own utilities with each unit having its own meters. This MC-1 zoned 75’ x 80’ lot has options both now and in the future.

Property details

Basic Info

MLS® #
A2204641
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
South Calgary
Price
$1,199,900
Sale/Lease:
For Sale
Size:
1,979 sq.ft.
Year Built:
1974 (51 years old)

Building Info

Structure Type:
Four Plex
Building Style:
Other
Garage:
No
Parking:
Parking Pad
Fence:
Basement:
Finished, Full
Fireplaces:
4
Inclusions:
N/A
Appliances:
Dryer, Refrigerator, Stove(s), Washer
Laundry:
In Unit
Exterior Features:
Private Entrance
Patio/Porch Features:
Deck, Patio

Neighborhood Info

Nearby Amenities:
Park, Playground, Shopping Nearby, Sidewalks, Street Lights

Lot / Land Info

Lot Size:
0.14 acres
Lot Features:
Back Lane, Front Yard, Square Shaped Lot
Zoning:
M-C1

Materials & Systems

Exterior:
Concrete,Stucco,Wood Frame,Wood Siding
Floors:
Carpet, Ceramic Tile
Heating:
Sep. HVAC Units, Separate Water Heaters, Fireplace(s), Natural Gas, Wood
Cooling:
None
Amenities:
Park, Playground, Shopping Nearby, Sidewalks, Street Lights

Listing Info

Possession:
Negotiable
Days on Market:
5
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Grassroots Realty Group Ltd.
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