Property Details

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Featured in:

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3620 21 Avenue SW
Calgary (A2259156)

$1,350,000
2,103 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

Updated Inner-City Income Property with 6% Cap Rate and Strong Rental Demand This is an excellent opportunity to own an updated duplex on a 50’ x 120’ corner lot in the highly desirable community of Killarney. The property has received many recent updates including modernized kitchens and bathrooms, making it a low-maintenance and easy-to-rent investment in a prime location. Each side offers two bedrooms on the main floor and two in the basement, with an attached double garage, an additional parking pad, and plenty of street parking. The home’s south-facing front exposure ensures bright, sunny living spaces that tenants love. Suites for basement are illiegal suites. With strong rental income already in place and excellent long-term potential, this property offers investors immediate returns in one of Calgary’s most sought-after inner-city neighborhoods. Investment Appeal. Live in one unit and rent the other. Hold as a cash-flowing rental property and hold for future Redevelop for future multifamily.

Property details

Basic Info

MLS® #
A2259156
Property Type:
Multi-Family
Subtype:
Full Duplex
Subdivision:
Killarney/Glengarry
Price
$1,350,000
Sale/Lease:
For Sale
Size:
2,103 sq.ft.
Year Built:
1959 (66 years old)

Building Info

Structure Type:
Duplex
Building Style:
Attached-Side by Side
Garage:
No
Fence:
Basement:
No
Inclusions:
Dishwasher, Dryer, Garage Control(s), Refrigerator, Stove(s), Washer

Lot / Land Info

Lot Size:
0.14 acres
Zoning:
R-CG

Listing Info

Possession:
Negotiable
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Grassroots Realty Group Ltd.
1-833-477-6687

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