RARE INNER-CITY INVESTMENT OPPORTUNITY in the sought-after community of Highland Park! Ideally situated on a generous 67' x 120' lot, this legal fourplex offers an exceptional combination of location, income potential, and long-term redevelopment value. Residents will enjoy convenient access to schools, Tim Hortons, local shops, public transit, major roadways, and downtown Calgary.
The property features three spacious two-bedroom units and one one-bedroom unit, complemented by numerous upgrades and a brand-new coin-operated washer and dryer. Additional highlights include a newer 24' x 21' double detached garage, three additional parking stalls, a storage shed, a large patio, and a beautifully landscaped, fully fenced private yard.
A well-maintained income property in a highly accessible inner-city location—an excellent opportunity for investors or future redevelopment.
Essential information
MLS® number
A2344541
Status
Active
Price
$1,349,000
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
None Known
Living area
1,947 sq ft
Year built
1957
Structure
Four Plex
Listing brokerage
eXp Realty
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Appliances
Dishwasher, Electric Range, Electric Stove, Washer/Dryer
Basement
Full
Basement development
Finished
Included
Shed, garage remote
Exterior and construction
Features
Courtyard, Private Yard
Zoning
M-C1
Parking
Total parking
5
Garage spaces
2
Features
Alley Access, Double Garage Detached, Off Street, Stall
Community
City
Calgary
Province
AB
Postal code
T2K 0E3
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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28 photos$1,400,0001612 24 Avenue NW, Calgary
