AB > Calgary > Cambrian Heights
Calgary, AB T2K 0A5,946 & 948 31 AVE NW
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Calgary, AB T2K 0A5,946 & 948 31 AVE NW
Calgary, AB T2K 0A5,946 & 948 31 AVE NW
Calgary, AB T2K 0A5,946 & 948 31 AVE NW
Calgary, AB T2K 0A5,946 & 948 31 AVE NW

$1,215,000

Est. payment /mo

$1,250,000

2.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

946 & 948 31 AVE NW Calgary, AB T2K 0A5

7 Beds

4 Baths

1,741 SqFt

SOLD DATE : 11/30/2023

Key Details

Sold Price $1,215,000

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,741 sqft

Price per Sqft $697

Subdivision Cambrian Heights

MLS® Listing ID A2082839

Style Bungalow,Side by Side

Bedrooms 7

Full Baths 4

Year Built 1958

Annual Tax Amount $4,928

Tax Year 2023

Lot Size 5,995 Sqft

Property Sub-Type Full Duplex

Property Description

This turn-key legal 4 plex has recently undergone a substantial renovation, including the legalization of both basement suites, new windows, exterior paint, furnaces(3), water tank, roof, landscaping/yard space & two basement suite renovations with high end finishings, totaling nearly $200,000 in Capital expenditures since 2021. Offering a total of 7 bedrooms, 4 bathrooms & over 3300 square feet of living space over 4 units, private fenced yards, storage sheds and newly graded driveways with parking for 4 and located just one block to Confederation Park, walking paths, tennis/pickleball courts, a dog park, public transportation and just a short 7-minute commute downtown. Currently generating $8000/mth in rental income and showing a 6.4% cap rate, these opportunities simply do not present themselves often. Good standing leases in place, self-managed complex, professional tenants with exceptional location appeal.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning R-C2

Interior

Heating Forced Air

Cooling None

Flooring Carpet, Ceramic Tile, Vinyl Plank

Laundry In Unit, Laundry Room

Exterior

Parking Features Off Street, Parking Pad

Garage Description Off Street, Parking Pad

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Roof Type Asphalt Shingle

Exposure S

Building

Lot Description Back Lane, Back Yard, Front Yard, Garden, Landscaped, Level, Street Lighting

Foundation Poured Concrete

Structure Type Brick,Wood Frame,Wood Siding

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Ken Rigel

Ken Rigel

+1(403) 207-1748

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Listed by RE/MAX REAL ESTATE (CENTRAL)
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Ken Rigel

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+1(403) 207-1748

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