This well-maintained 5-plex offers an exceptional opportunity for investors in the highly sought-after neighborhood of Bowness. Upgrades include newer windows and doors in all 5 units. This property combines convenience with solid returns, producing a 5% CAP rate. 4/5 units is currently occupied with month-to-month tenants, providing flexibility for rental adjustments or redevelopment. Situated close to schools, parks, shopping, and transit, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-generating asset in a fantastic location. Don’t miss this chance to secure a valuable piece of Calgary’s thriving rental market!
Data was last updated November 22, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,348,888
Min list price:
$258,800
Max list price:
$4,300,000
Avg days on market:
54
Min days on market:
4
Max days on market:
174
Avg price per sq.ft.:
$529.3
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.