The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit.
Address
11203 6 Street SW
List Price
$1,300,000
Property Type
Multi-Family
Type of Dwelling
4 plex
Transaction Type
Sale
Area
Calgary S
Sub-Area
Southwood
Floor Area
2,583 Sq. Ft.
Lot Size
9429 Sq. Ft.
Year Built
1973
MLS® Number
A2261330
Listing Brokerage
Town Residential
Postal Code
T2W 0E9
Zoning
M-C1
Site Influences
Back Lane, Back Yard, Corner Lot, Front Yard, Lawn, Near Shopping Center, Near Public Transit
