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Forest Lawn
2412 43 Street SE
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2412 43 Street SE $875,000
$875,000
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2412 43 Street SE
Calgary, Alberta T2B1H7

MLS® Number: A2163308

Listing 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. No showings without an accepted offer. (29536661)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Forest Lawn
Subdivision Name
Forest Lawn
Title
Freehold
Land Size
566 m2|4,051 - 7,250 sqft
Built in
1968
Annual Property Taxes
$4,738
Parking Type
Detached Garage (3)
Time on REALTOR.ca
22 days

Building

Interior Features
Appliances Included
Washer, Refrigerator, Stove, Dryer
Flooring
Ceramic Tile, Hardwood, Linoleum
Basement Features
Separate entrance, Suite
Basement Type
See Remarks (Finished)
Building Features
Foundation Type
Poured Concrete
Style
Attached
Architecture Style
Bi-level
Total Units
2
Heating & Cooling
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Brick, Stucco
Parking
Parking Type
Detached Garage (3)
Total Parking Spaces
4

Measurements

Square Footage
1895 sqft
Total Finished Area
1895 sqft

Land

Other Property Information
Zoning Description
R-C2
Data provided by: Pillar 9™
403-689-9465
403-284-4923
REALTOR® Website
Email
Book showing
RE/MAX Real Estate (Central)
5211 4 Street NE
CALGARY, Alberta T2K6J5
403-216-1600
403-284-4923
Office Website

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Brett A. Greff