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$875,000

Est. payment - /mo

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1,895 SqFt

Active

2412 43 ST SE Calgary, AB T2B 1H7

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Ronaldo Terra

ronaldo@thecompassteam.ca +1(403) 668-7018

UPDATED:

10/09/2024 09:50 PM

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,895 sqft

Price per Sqft $461

Subdivision Forest Lawn

MLS® Listing ID A2163308

Style Bi-Level,Side by Side

Originating Board Calgary

Year Built 1968

Annual Tax Amount $4,738

Tax Year 2024

Lot Size 6,092 Sqft

Acres 0.14

Property Description

This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants, 7 years to almost 30 years. Rents are incredibly low and WELL UNDER market rates. Room to renovate and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. EASY TO SHOW WITH A LITTLE NOTICE.

Location

Province AB

County Calgary

Area Cal Zone E

Zoning R-C2

Rooms

Basement Separate/Exterior Entry, Finished, See Remarks, Suite

Interior

Heating Forced Air, Natural Gas

Flooring Ceramic Tile, Hardwood, Linoleum

Inclusions 2ND DRYER, 2ND WASHER, 3 ADDITIONAL STOVES, 3 ADDITIONAL FRIDGES

Appliance Dryer, Electric Stove, Refrigerator, Washer

Exterior

Garage Additional Parking, Stall, Triple Garage Detached

Garage Spaces 3.0

Garage Description Additional Parking, Stall, Triple Garage Detached

Roof Type Tar/Gravel

Parking Type Additional Parking, Stall, Triple Garage Detached

Total Parking Spaces 4

Building

Foundation Poured Concrete

Architectural Style Bi-Level, Side by Side

Level or Stories Bi-Level

Structure Type Brick,Stucco

Others

Restrictions None Known

Ownership Private

Listed by RE/MAX Real Estate (Central)

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Ronaldo Terra

REALTOR® | License ID: ldterraro

+1(403) 668-7018