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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Login or Create an Account to Access Days On Market Financial Information Legal Description Lot Zoning

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
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Community Information

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

  • Exterior Features: Back Lane, Flat Site, Public Transportation, Shopping Nearby, Street Lighting
  • Frontage: 22.8600 metres
  • Depth: 45.7200 metres
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$1,295,000

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Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.