SUNNYSIDE - 15 Unit Concrete Building with 14 parking stalls.
A very solid and well maintained building with a great suite mix in a great rental area. Located in Sunnyside, walking distance to the downtown core, LRT, SAIT, University of Calgary, Jubilee Auditorium, Alberta University of Art and Design (former ACAD), and to all of the amenities of Kensington.
There are 15 rental units 8 x 1 BR, 7 x 2 BR. Onsite Laundry facilities, presently administered by a third party. New doors and windows. New roof in 2020. Presently no vacant suites. New doors and roof in 2020
OFFERS TO BE MADE SUBJECT TO VIEWING - Upon receipt of a conditional offer the Buyer will be given access/viewing of all suites, mechanical and public areas.More details
One title and four units stand alone. Excellent investment opportunity! Live on one unit and rent the other three units!
This fully renovated and upgraded, well maintained multi-family property, fourplex - condo style (4 stand alone apartments) it is a finished bi-level multi-family property, located conveniently to all amenities and contains 1 apartment of 1 bedroom and 3 apartments of 2 bedrooms, common area laundry with individual assigned washer dryers for each apartments, private assigned interior storages, property shed, and 4 parking stalls with plug-in.
In may 2019 water on demand system has been installed ($5,500)
Monthly rental income: $2,900. There is a guaranteed 4.5% CAP rate along with long term months lease agreements, great tenants and steady income. The residents are responsible for TV/cable, telephone and utilities (water and power)
The property was renovated (over $75,000) which includes new roof, new eaves trough; new downspouts, new balconies - landing and railings, painting of exterior building and interior common area; dishwasher and washer-dryer for all units,and many upgrades mechanical and plumbing, painting, light fixtures, outlets, faucets, toilet bowls and flooring, tankless water heater. Each unit includes fridge, stove, hood-fan and window coverings.
For the right buyers the seller will assist with the down payment portion (short term 2 years no interest). The title will be on the buyers name but the seller reserves the right to have a lien on the property until loan (down payment portion) will be fully paidMore details
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