3222/3224 14 Street NW,Calgary, AB T2K1H8
Calgary, AB T2K1H8
Description
An exceptional turnkey investment opportunity generating over $95K gross income with a 5.4% cap rate in the highly sought-after community of Rosemont. This fully renovated fourplex offers four self contained units, each featuring two spacious bedrooms, a full bathroom, separate laundry, and modern finishes (including new windows) completed in 2022. With fully legal basement suites and low-maintenance interiors, this property is designed to maximize cash flow while minimizing ongoing upkeep.Ideally situated with easy access to downtown Calgary, SAIT, and the University of Calgary, the location consistently attracts a strong tenant pool, helping to ensure stable occupancy year after year. Residents will appreciate the unique setting backing onto green space and fronting directly onto Confederation Park Golf Course, providing attractive views and a desirable lifestyle rarely found in income properties.Currently generating $7,950 per month in rental income and offering an approximate 5.4% cap rate, this is a compelling opportunity for investors seeking a well-positioned asset with strong income potential in one of Calgary's most established and desirable inner-city communities. (id:13843)
Details
| MLS # | A2352028 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1958 |
| Days On Site | 10 |
| Listing Provided By | Real Broker | Dusko Sremac |
Features
| SQ Feet | 1,806 |
|---|---|
| Garage | 4 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R-C2 |
| Acreage | 0.16 |
Interior
| Heating | Forced air |
|---|---|
| Appliances | See remarks |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Back lane, No neighbours behind |
|---|---|
| Construction Materials | Wood frame |
| Foundation Details | Poured Concrete |
Parking
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 4 |
Taxes
| Tax Annual Amount | 8046 |
|---|---|
| Tax Block | 1 |
| Tax Lot | 33 |
| Tax Year | 2026 |
Area Information
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2K1H8 |
| Community Name | Rosemont |
| Listing VS Median (in Rosemont) | |
Price: $1,250,000 low | high Med: $1,175,000 sqft: 1,806 low | high Med: 1,080 $ / sqft: $692 low | high Med: $1,088 On site: 10 low | high Med: 100 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2K1H8 |
| Community Name | Rosemont |
| Listing VS Median (in Rosemont) | |
Price: $1,250,000 low | high Med: $1,175,000 sqft: 1,806 low | high Med: 1,080 $ / sqft: $692 low | high Med: $1,088 On site: 10 low | high Med: 100 | |
 | $1,300,0003224 14 Street NwCalgary, AB T2K1H8 |