Property Details for MLS® # A2326477
11440 Elbow Drive, Calgary
Attached-up/down 4 plex for Sale
- MLS®#: A2326477
- Price: $1,150,000
- Parking: 6
- Status: Active
- Year Built: 1973
**LEGAL, PURPOSE-BUILT FOURPLEX | TURN-KEY MULTI-FAMILY INVESTMENT | WALK-OUT DUPLEX DESIGN | SEPARATELY METERED** Exceptional opportunity to own a legal, purpose-built fourplex in the highly desirable Southwest community of Southwood. This well-maintained, turnkey investment property features four self-contained 3-bedroom units, each with a private entrance, walk-out lower level, in-suite laundry, separate utilities, and individual metering—offering an attractive, low-maintenance investment for both seasoned and first-time investors. Each suite is equipped with its own dedicated furnace, hot water tank, full-size washer and dryer, and six newer appliances, all in good working order. The separately metered design helps minimize owner operating costs while providing convenience for tenants. The property includes four assigned parking stalls, each with an electrical plug-in, plus two visitor parking stalls. Conveniently located with excellent access to public transportation, the #37 City Bus stops just outside the property, while Anderson LRT Station is only four blocks away. Schools, shopping, parks, and everyday amenities are all just minutes from the doorstep, making this a highly desirable location for tenants. Proudly self-managed by the current owner, this property generates $67,200 in annual rental income. Two units are secured with one-year leases, while one exceptional long-term tenant of 11 years is currently on a month-to-month tenancy, as well as another long term tenant is also on a month to month tenancy providing stable cash flow and simplified property management. All units are in good clean condition. A rare opportunity to acquire a fully leased, income-producing multi-family property in an established, high-demand rental location.
Contact Ryan & Dennis Shandruk About MLS® A2326477
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: 4 plex
- MLS®#: A2326477
- Style: Attached-Up/Down,Bungalow
- Year Built: 1973
- Lot Shape: Back Lane,Few Trees,Interior Lot,Level,Low Maintenance Landscape,Rectangular Lot,Street Lighting
- Total Floor Area: 2,473 sq.ft
- Restrictions: Yes
Community Information
- Address: 11440 Elbow Drive
- Neighbourhood: Southwood
- City: Calgary
- Postal Code: T2W2E6
interior
- Included: 4 Fridges, 4 Stoves, 4 Dishwashers, 4 Microwaves, 4 Washers, 4 Dryers, 4 Furnaces, 4 Hot water Tanks
- Fireplace Details: For Sale
- Basement: Full, Full
- Floor Finish: Laminate, Tile, Vinyl Plank
exterior
- Exterior Features: Back Lane, Few Trees, Interior Lot, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting
- Exterior Finish: Brick, Concrete, Stucco
- Construction: Brick,Concrete,Stucco
- Roof: Rolled/Hot Mop
- Frontage: 18.34M 60`2" metres
services & amenities
- Parking: Additional Parking, Alley Access, Asphalt, Assigned, Guest, Off Street, Plug-In, Stall (6 Total Parking Spaces)
- Heating: Forced Air,Natural Gas
- Heating: Forced Air, Natural Gas
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