This well-maintained 5-plex offers an exceptional opportunity for investors in the highly sought-after neighborhood of Bowness. This property combines convenience with solid returns, producing a 5% CAP rate. 4/5 units are currently occupied with month-to-month tenants, providing flexibility for rental adjustments or redevelopment. Situated close to schools, parks, shopping, and transit, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-generating asset in a fantastic location. Don't miss this chance to secure a valuable piece of Calgary's thriving rental market.
Address |
7511 41 Avenue NW |
List Price |
$1,499,900 |
Property Type |
Commercial |
Type of Dwelling |
Multi Family |
Area |
Calgary NW |
Sub-Area |
Bowness |
Lot Size |
7351 Sq. Ft. |
Year Built |
1978 |
MLS® Number |
A2176095 |
Listing Brokerage |
RE/MAX Real Estate (Central)
|
Postal Code |
T3B 1X5 |
Zoning |
M-C1 |