51.089508 -114.19809

7717 & 7719 41 Avenue NW Calgary, AB T3B 1X7

291248388 51.089508 -114.19809 806 /listing/291248388-150112678/7717-7719-41-avenue-nw-calgary-ab-t3b-1x7 False 0 789000.0 2052 105 A1084041 False
  • $789,000
  • 2,052 sqft
  • 6,846 lot

Property & Neighborhood Info

Courtesy Of 2% REALTY

Multi-Family in Calgary

INVESTOR ALERT! OR Live in One Unit for yourself and Rent Three Units to pay off your mortgage, utilities and insurance. Opportunity knocks with this great purpose-built LEGAL FOURPLEX in Bowness! It is MC-1 Zoning Calgary which allows you to develop 3-4 story apartment buildings when you are ready to develop. Until such development, this property generates a great cash flow for your passive income. The property is consisting of 2 upper units with 3 Bedrooms + 2 lower units with 2 Bedrooms. Each unit is separately metered, has in-suite laundry and parking in the rear. New windows, flooring and paint in the upper NE unit (see pictures & virtual tour). Upper units have balconies and overlook the park across the street. The property currently generates over $37k annually, with room to improve once the fourth unit rents out. It used to generate over $55k annually. It is very easy to find a tenant in this area. A simple "rent sign" on the window has attracted many inquiries and phone calls. Minutes to many amenities, transit, shops, grocery store, gas station, parks and schools. Solid building in an excellent long-term hold location. Don't miss out on this fantastic property with tons of upside.

Courtesy Of 2% REALTY
  1. 2,052 Sq. Ft.
  2. 6,846 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1969
  • County: Calgary
  • Subdivision: Bowness
  • MLS® Number:A1084041

Additional Features

  • Property Subtype:
    • 4 plex
  • Property Type:
    • Multi-Family
  • Frontage:
    • 21.33M 70`0"
  • Community Features:
    • Playground
    • Schools Nearby
    • Shopping Nearby
  • Zoning:
    • M-C1
  • Title:
    • Fee Simple
  • Bathrooms Total Integer:
    • 0
  • Building Area Total:
    • 0.00
  • County Or Parish:
    • Calgary
  • Laundry Features:
    • In Unit
    • Multiple Locations
  • Listing Contract Date:
    • 2021-03-24
  • Listing Key:
    • 62317652
  • Lot Size Acres:
    • 0.16
  • Lot Size Square Feet:
    • 6846
  • Parking Total:
    • 4
  • Structure Type:
    • Four Plex
  • Subdivision Name:
    • Bowness
  • Virtual Tour URLBranded:
    • https://youriguide.com/7717_41_ave_nw_calgary_ab/
  • Virtual Tour URLUnbranded:
    • https://unbranded.youriguide.com/7717_41_ave_nw_calgary_ab/
Neighborhood info courtesy of Homes.com © 2021
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Leslie Chan
Leslie Chan
Associate
#222, 4625 Varsity Dr NW Calgary AB T3A 0Z9
51.089508 -114.19809

7717 & 7719 41 Avenue NW Calgary, AB T3B 1X7

291248388 51.089508 -114.19809 806 /listing/291248388-150112678/7717-7719-41-avenue-nw-calgary-ab-t3b-1x7 False 0 789000.0 2052 105 A1084041 False
  • $789,000
  • 2,052 sqft
  • 6,846 lot