2030, 2030B, 2028, 2028B 8 AVE SE Calgary, AB T2G 0N8

Fantastic investment opportunity for a multi-family property! This legal four-plex of nearly 3,800 square feet, boasts four very well-maintained two-bedroom suites, each equipped with its full set of appliances including a fridge, stove, washer, dryer, and dishwasher in each unit. Situated on prime redevelopment land, on a double deep lot, in the up-and-coming Inglewood neighborhood. This property offers an annual rental gross revenue of $92,000, net revenue translates to a 5% cap rate. Both upper suites were recently renovated with new appliances, flooring, fixtures, and paint. A highly sought-after community for renters, with the property being completely rented out for more than 12 years straight. Beautiful parkland surroundings, steps away from the Bow River. Its strategic location, and proximity to transit, downtown, Deerfoot Trail, and Blackfoot Trail, ensures consistent tenant demand. Each suite has large windows in the raised basements, enhancing their appeal to potential tenants. The property also includes a double detached garage, two spots included as part of the current revenue. NO SIGN ON PROPERTY. PLEASE DO NOT DISTURB THE TENANTS. Tenants rights apply so please allow enough notice for showing. Only one unit is available for showings prior to an accepted offer.