Description

Attention investors! Rare multi-unit property in SW Calgary with value-add upside. Two-title duplex that can easily generate free cash flow with a 20% down payment and conventional financing. Gross rental income is $2,750/month. Renters pay own utilities. Positive cash flow is hard to find in the Calgary market, don't miss this rare opportunity to own a lucrative multi-unit investment property. Excellent tenants on both sides with fixed-term leases in place and interest to stay long term. The aspiring landlord's rental income is de-risked and secure into the future. Property is easy to keep rented, located on Cedarille Drive it is close to bus stops, schools, daycares, green space, and a convenient strip mall. Property is in good rental condition; clean and safe, with good bones. Increase your cap rate in the future with easy upgrades, or continue renting the property as is. Future Calgary ring road is adjacent to Cedarbrae just off Anderson Road, great for future commutes downtown. See feature sheet (id:17377)
Complete Description
Complete Description

Property features

Asking Price
$585,000
Year of construction
1977
RE/MAX LANDAN REAL ESTATE
Source: REALTOR.ca DDF®

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage

Price history

Price history for this listing is not publicly available. To request a consultation with a local Purplebricks REALTOR® call: 1-855-757-2275

$585,000

Multiplex property for sale

3633 & 3635 CEDARILLE DR SW

Calgary - Southwest

MLS® # C4286579

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