715 5 ST NE, Calgary, AB T2E 3W7
715 5 ST NE, Calgary, AB T2E 3W7
715 5 ST NE, Calgary, AB T2E 3W7
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Alankar Ghimire

Alankar Ghimire

+1(403) 816-9431
$1,200,000
Est. payment /mo
2,383 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2383.94

Square Footage 2,383 sqft

Price per Sqft $503

Subdivision Renfrew

MLS Listing ID A2335405

Style Bi-Level

Year Built 1971

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50 x 120

Property Sub-Type 4 plex

Property Description

Excellent investment opportunity in the established community of Renfrew,just minutes from downtown Calgary. 50 x 120 M-C2 lot with views of downtown. This property features four identical bilevels (A through D). Rare 3-bedroom units are easy to rent! Recent updates include all furnaces in 2018,updated kitchens,and tile and vinyl flooring in most units within the last 10 years,the property has vinyl windows and newer doors but the age is unknown. The main floor of each unit features a bright,open layout with vaulted ceilings,a spacious living room with a wood burning fireplace,a separate dining area,and a well-designed kitchen. The lower levels offer 3 bedrooms,a 4 piece bathroom,and a laundry + mechanical room. Vinyl plank flooring and tile provide durability and easy maintenance throughout. This is an excellent opportunity to own a well-located income property close to downtown Calgary with lots of future potential. Separate utility meters on all 4 units. Gross annual income is $80,400. Projected annual income with increased rents is 90,000.

Location

Province AB

County 0046

Community Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Area Cal Zone Cc

Zoning M-C2

Direction NE

Rooms

Basement None, Full, Finished

Interior

Interior Features Vaulted Ceiling(s)

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Tile, Vinyl

Fireplaces Number 4

Fireplaces Type Brick Facing, Living Room, Mantle, Wood Burning

Inclusions 4x Refrigerator, 4x Stove(s), 4x Dishwasher, 4x Washer/Dryer and Window Coverings

Fireplace Yes

Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings

Laundry In Unit

Exterior

Exterior Feature None

Parking Features Assigned, Off Street, Parking Pad

Fence None

Community Features Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Tar/Gravel

Porch Balcony(s)

Total Parking Spaces 4

Garage No

Building

Lot Description Back Lane, Near Public Transit

Dwelling Type Four Plex

Story Bi-Level

Foundation Poured Concrete

Architectural Style Bi-Level

Level or Stories Bi-Level

New Construction No

Others

Restrictions None Known

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Listed by Century 21 Masters

NEARBY SCHOOLS & PROPERTIES

Alankar Ghimire

Alankar Ghimire

Agent | License ID: LIC-00511115

+1(403) 816-9431

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