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I have sold a property at 1117 41 STREET SW in Calgary

I have sold a property at 1117 41 STREET SW in Calgary

I have sold a property at 1117 41 STREET SW in Calgary on May 13, 2023. See details here

Prime investment opportunity! This full side by side duplex with a total of 4 separate suites (basements illegal) is located on quiet street in the heart of Rosscarrock! Walking distance to schools, parks, shopping at Westbrook Mall, Shaganappi Golf Course and much more. Sitting on a 50 x 125 ft RC-2 lot makes this a great holding property with collecting prime rental income. Over 4600 sq ft of developed living space! The upper levels on each side feature 3 bedrooms, full 4-piece bathrooms, and full laundry rooms. The lower levels are spacious with big bright windows and feature 2 bedrooms, full 4-piece bathrooms, and their own laundry. These units and the building have been very well maintained by an onsite tenant/property manager for almost 30 years! The units are dated but huge potential to update the already vacant units and maximize rental rates significantly. The current tenants in place are just on month to month leases as well. All 4 units feature brick faced feature fireplaces, private parking, and their own laundry. There is an oversized 23x23 double detached garage with gravel parking pads on either side as well. There is a storage shed included as well with lawnmower and yard tools. Only the two vacant units (one upper and one lower on other side) are being shown to start. Other two units are identical floorplans and similar age of finishings. Exterior is in great shape, torch on roof was done in 2007 and inspected and maintenance done by Epic Roofing in 2021. One furnace on the B side was just replaced in 2022. Properties like this don’t come on the market often so don’t sleep on this one! Contact listing agent or your preferred agent for more information.

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