$1,250,000 Sale

Listed 3 days ago

948 31 Avenue NW

MLS® a2351440 Multi Family

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Beds · 4+3

Baths · 4.0

Parking · 4

Sqft · 1898

Est. mortgage

$4,742/mo

Key Facts

Key facts for 948 31 Avenue NW

Property Type

Apartment, Bungalow

Parking

Garage: No, 4 parking

MLS #

A2351440

Size

1898 sqft

Basement

Finished, Full (Finished)

Listed on

Lot size

Tax

Days on Market

Year Built

1958

Maintenance Fee

Description

Capitalize on a turnkey, revenue-generating INCREDIBLE investment property. This full duplex features 4 fully legal suites that currently collectively generate over $8,000 / month in gross rental income, backed by an exceptional tenant profile & strong leases. Within the last 5 years, the property h...as undergone nearly $200,000 in comprehensive capital renovations. Major upgrades include two high-end basement legalizations (to make legal suites), updated mechanical systems (3 furnaces & water heater), a newer roof, energy-efficient windows, fresh exterior aesthetics, and optimized outdoor amenities featuring private fenced yards and graded four-car parking. Spanning over 3,300 sq ft across 7 bedrooms and 4 bathrooms, the complex already has excellent tenants in place. Its positioning just one block from Confederation Park & minutes from downtown ensures perpetual high demand and minimal vacancy. With all major heavy lifting completed, this self-managed asset presents a seamless, high-yield expansion opportunity for any real estate portfolio. (id:10452)

Full Property Details

Interior

Bedrooms

Bedrooms Plus

Washrooms

4.0

Square Footage

1898 sqft

Basement

Finished, Full (Finished)

Heating Type

Forced air

Air Conditioning

None

Kitchens

Full Bathrooms

Half Bathrooms

Basement Features

Separate entrance, Suite

Flooring Type

Carpeted, Ceramic Tile, Vinyl

Bedrooms

Bedrooms Plus

Washrooms

4.0

Square Footage

1898 sqft

Basement

Finished, Full (Finished)

Heating Type

Forced air

Air Conditioning

None

Kitchens

Full Bathrooms

Half Bathrooms

Basement Features

Separate entrance, Suite

Flooring Type

Carpeted, Ceramic Tile, Vinyl

Exterior

Acreage

557 m2|4,051 - 7,250 sqft

Parking Spaces

Garage Spaces Y/N

Zoning Description

R-C2

Land Amenities

Park, Playground, Schools, Shopping

Acreage

557 m2|4,051 - 7,250 sqft

Parking Spaces

Garage Spaces Y/N

Zoning Description

R-C2

Land Amenities

Park, Playground, Schools, Shopping

Building Description

Style

Bungalow

Home Type

Apartment

Subtype

Multi Family

Year Built

1958

Exterior

Brick, Wood siding

Architectural Style

Bungalow

Style

Bungalow

Home Type

Apartment

Subtype

Multi Family

Year Built

1958

Exterior

Brick, Wood siding

Architectural Style

Bungalow

Community

Cambrian Heights

Area Code

Calgary

Community

Cambrian Heights

Area Code

Calgary

Other

Virtual Tour Link

https://youriguide.com/948_31_ave_nw_calgary_ab/

Virtual Tour Link

https://youriguide.com/948_31_ave_nw_calgary_ab/

Room Types

3pc Bathroom

Dimensions 9.00 Ft x 7.42 Ft

66.78 sqft

4pc Bathroom

Dimensions 9.33 Ft x 7.33 Ft

68.39 sqft

Bedroom

Dimensions 10.67 Ft x 11.75 Ft

125.37 sqft

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Ricky Chowdhury

Email: [email protected] Cell: (780) 953-2365 (604) 690-2365