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1920 12 Avenue SW
Sunalta Calgary T3C 0R8

$1,450,000
Multi-Family 6,512 sq. ft. built: 1976

SOLD OVER THE LISTING PRICE!
Main Photo: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 1: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 2: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 3: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 4: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 5: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 6: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 7: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 8: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 9: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Photo 10: 1920 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2123698
Status:
Sold
Sold Date:
Apr 22, 2024
Listed Price:
$1,399,000
Sold Price:
$1,450,000
Sold in:
5 days
Prop. Type:
Multi-Family
MLS® Num:
A2123698
Year Built:
1976
Savvy investors check out this INCREDIBLE INVESTMENT OPPORTUNITY WITH BELOW MARKET RENTS and POTENTIAL TO INCREASE RENTS - CURRENT CAP RATE IS 5.5% and $76,000 NOI after property taxes and insurance. All tenants pay their own utilities. Very turn key cash flow property with no common area! This 4 plex has FOUR 3 bedroom/2 bathroom units in one, making your job as a landlord that much easier! M-C2 zoning(don't forget the city rezoning coming up for future development) with an extra deep 50' x 130' lot in PRIME AREA of Sunalta!! 'Four corner' 4plex style feels like each unit is it's own home with privacy and security. **Each unit has 3 bedrooms, 2 bathrooms, a fireplace, a private balcony, separate in-suite laundry room, a furnace, a hot water tank and an electrical panel**. Four good-sized parking stalls in the back allow tenants to leave their cars parked at home and stroll around this charming neighbourhood and neighbouring communities. All units have been recently renovated in past few years including roof, windows, railings on balconies, furnaces and hot water tanks and feature a spacious layout with large windows. Phenomenally located on a quiet street, just 4 blocks to the C-Train Station, within walking distance to top schools, diverse shops, great restaurants and tranquil river pathways plus only minutes to downtown, Kensington and trendy 17th Ave, perfect for any active lifestyle. PLEASE SEE SUPPLEMENTS FOR RENTAL INCOME AND EXPENSES. THANKS
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Negotiable
Total Living Area:
6,512 sq. ft.
Taxes:
$8,017 / 2023
Tax Assessed Value:
1220000.0
Lot Area:
6,512 sq. ft.
Year built:
1976 (Age: 48)
Bathrooms:
- (Full:-, Half:-)
Plan:
5700AG
Heating:
Forced Air, Natural Gas
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Water Supply:
Public, See Remarks
Utilities:
Natural Gas Available
Garage:
0
Parking:
Off Street, Stall
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Unit, Multiple Locations
Sunalta
See Remarks
All appliances and window coverings owned by the seller
None Known
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Patio And Porch Features:
Balcony(s)
Lot Features:
Back Lane, Near Shopping Center, Landscaped, Level, Near Public Transit, See Remarks
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Apr 17, 2024
Days on Mkt:
5
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Listed by RE/MAX House of Real Estate
Data was last updated May 2, 2024 at 10:05 PM (UTC)