$1,350,000
$1,299,990
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1521 27 AVE SW Calgary, AB T2T 1G5
2,000 SqFt
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $675
Subdivision South Calgary
MLS® Listing ID A2196620
Style Attached-Side by Side
Year Built 1973
Annual Tax Amount $7,913
Tax Year 2024
Lot Size 6,243 Sqft
Property Sub-Type 4 plex
Property Description
An exceptional turnkey investment opportunity in the heart of South Calgary, this fully legal fourplex sits on a prime 50' x 125' lot in one of the city's most sought-after neighborhoods. Each of the four self-contained units boasts two bedrooms, in-suite laundry, a dedicated furnace, and a separate electrical panel. The two front units include an additional two-piece bathroom and private balconies, while the south-facing backyard provides ample outdoor space for tenant enjoyment.
This property has been well-maintained and thoughtfully upgraded over the years, including new windows installed just last year. With four assigned parking stalls and plenty of room for a future four-car detached garage, it offers both immediate rental income and future development potential. Tenants pay their own utilities, as all units are separately metered for gas, heat, and water.
Situated just minutes from downtown, Marda Loop, and the lively 17th Avenue district, this property is in an area known for its strong rental demand, excellent amenities, and unbeatable walkability. An investor's dream, this well-maintained fourplex assures consistent cash flow and attracts quality tenants year-round.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C1
Interior
Heating Forced Air, Natural Gas
Laundry In Unit
Exterior
Parking Features Alley Access, Off Street
Garage Description Alley Access, Off Street
Building
Story 2
Structure Type Wood Frame
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