4524 75 St Nw, Calgary

Multi Unit for Sale

4524 75 St Nw, Calgary, MLS® # C4253298
  • MLS®#: C4253298
  • Price: $1,295,000
  • Status: Active
  • Year Built: 1972
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CONDO TITLED 7 UNIT COMPLEX......$185,000 A DOOR .....PRICE REDUCED BY $280,000.....$100,000 LESS THAN ASSESSMENT. All units are 2 bedroom, 2 level, with their own furnace, hot water tank washer and dryer, separate meters and separate entrance. 100% parking for 7 units. All self contained. Low expenses as no common areas. Always full with affordable rent ; current rent roll is $6,400/month, market rent is approx $7,350/mo. PERFECT FOR AN INVESTOR. This is a great rental neighbourhood with major NEW INFRASTRUCTURE and major developments such as Greenwich and Sunnyside. I hear REAL CANADIAN SUPERSTORE. Major upgrades to Bowness Park, Beaumont and Shouldice. Only 1/2 block to newly planned Bowness High School with its elite athlete program. Close to FOOTHILLS HOSPITAL AND the ALBERTA CHILDRENS' HOSPITAL. This is a large lot. Very low expenses: insurance $1,340, waste $1,260, taxes $9,324. income $76,800. Cap rate 4.7% with 3% vacancy and 3% maintenance, 5.1% with $995 rents. Improvements pay big dividends.

Contact Ryan & Dennis Shandruk About MLS® C4253298

Required Field

Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3

property information

  • Property Type: Multi Unit
  • MLS®#: C4253298
  • Year Built: 1972
  • Total Floor Area: 6,912 sq.ft

Community Information

  • Address: 4524 75 ST NW
  • Neighbourhood: Bowness
  • City: Calgary
  • Postal Code: t3b 2m9


  • Exterior Features: Back Lane, Flat Site, Public Transportation, Shopping Nearby, Street Lighting
  • Frontage: 22.8600 metres
  • Depth: 45.7200 metres


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