Fantastic opportunity to own a fully renovated 5-unit multi-family investment property in the heart of Richmond—just steps from transit, shops, and amenities. This property features five total units, each offering 1 bedroom and 1 bathroom. Currently, four of the five units are rented, generating a strong monthly income of $5,725 ($68,700 annually), with leases in place for all rented suites. With the additional of Unit E into the rental pool, monthly rent could go up to at least $6,725 ($80,700 annually). Each unit underwent a full renovation, ensuring low maintenance and modern appeal for years to come. Recent upgrades include a new roof, new sliding doors, newly paved parking area, automated heating and alarm systems, newer hot water heater, and newer furnaces. The property also includes a detached accessory building/shop offering additional rental income potential. An ideal turn-key revenue property in one of Calgary’s most desirable inner-city neighbourhoods!
Address
A,B,C,D,E, 1917 24 Street SW
List Price
$999,900
Property Type
Multi-Family
Type of Dwelling
Apartment
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Richmond
Floor Area
2,131 Sq. Ft.
Lot Size
6243 Sq. Ft.
Year Built
1949
MLS® Number
A2268473
Listing Brokerage
RE/MAX House of Real Estate
Basement Area
Full
Postal Code
T2E 9C6
Zoning
M-C1