Courtesy of Drew Flemmer of Century 21 Masters

LIST PRICE

$1,200,000

715 5 Street NE

Renfrew – Calgary, AB
Sold
Courtesy of Drew Flemmer of Century 21 Masters
  • 2384 sqft
  • 55 years old, built in 1971
  • Bi-Level
  • 5,963 sqft lot

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.

Features & amenities

  • Vaulted Ceiling(s)
  • Back Lane
  • Near Public Transit

Additional details

  • Type Multi-Family
  • Subtype 4 plex

Neighbourhood

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Listing is presented by
Flemmer Real Estate
Century 21 Masters
403-999-5114 amy@flemmerrealestate.com
This property was recently sold,
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