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2412 43 Street Se Calgary, Alberta T2B 1H7

1895 sqft
Bi-Level Forced Air

$875,000

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. (id:55174)

Property Details

MLS® Number A2163308
Property Type Multi-family
Neigbourhood Forest Heights
Community Name Forest Lawn
Parking Space Total 4
Plan 2919hh

Building

Appliances Washer, Refrigerator, Stove, Dryer
Architectural Style Bi-level
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type See Remarks (finished)
Constructed Date 1968
Construction Style Attachment Attached
Exterior Finish Brick, Stucco
Flooring Type Ceramic Tile, Hardwood, Linoleum
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1895 Sqft
Total Finished Area 1895 Sqft
Type Multi-family

Parking

Detached Garage 3

Land

Acreage No
Size Irregular 566.00
Size Total 566 M2|4,051 - 7,250 Sqft
Size Total Text 566 M2|4,051 - 7,250 Sqft
Zoning Description R-c2

https://www.realtor.ca/real-estate/27373353/2412-43-street-se-calgary-forest-lawn

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Brett A. Greff
Associate

(403) 689-9465
(403) 284-4923
www.brettgreff.com/

RE/MAX Real Estate (Central)
5211 4 Street Ne
Calgary, Alberta T2K 6J5

(403) 216-1600
(403) 284-4923
https://www.remaxcentral.ab.ca/

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