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$ 1,250,000
Est. payment /mo
Active
196 Gordon Drive SW Calgary, AB T3E3W6
2,514 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2514
Square Footage 2,514 sqft
Price per Sqft $497
Subdivision Glamorgan
MLS® Listing ID A2322917
Year Built 1968
Lot Size 7,470 Sqft
Acres 0.17149113
Property Sub-Type Freehold
Property Description
A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan, sitting on a 7,490 sq ft M-C1 zoned lot. The building features two upper-level 3-bedroom, 1-bathroom units and two lower-level 2-bedroom, 1-bathroom units, all four fully tenanted and generating combined gross rent of $6,500/month ($78,000/year). Every unit has its own dedicated laundry and is individually metered for electricity, water, and gas, meaning tenants handle their own utilities entirely with no landlord involvement required. All four units are also equipped with high-efficiency furnaces. The M-C1 zoning adds long-term upside with flexibility for future redevelopment, while the Glamorgan location offers convenient access to Mount Royal University, Westhills/Signal Hill retail, and major routes including Glenmore Trail and Sarcee Trail. A turnkey, low-hassle income property for investors seeking stable cash flow with minimal day-to-day management. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Others
Ownership Freehold
Virtual Tour https://unbranded.youriguide.com/196_gordon_dr_sw_calgary_ab/
Listed by eXp Realty