526 & 528 56 Avenue SW

4 plex For Sale in Windsor Park, Calgary CC

$1,849,000
  • 4,677 Sq. Ft.
  • Built 2004
Step into the heart of Calgary with this impeccably maintained 4Plex, an incredible investment opportunity tailored for those bullish on the thriving Calgary market. Revel in a robust CAP Rate of over 5.25% with potential annual rental income exceeding $110k. Unlock additional potential of this property by exploring the possibility of condominiumization, an avenue to instantly elevate the property’s overall value. Discover the charm of each unit, crafted as an upright 2-storey home with a seamless open-concept living room and kitchen, two master bedrooms boasting their own ensuites, and a fully finished basement. Enjoy the flexibility offered by separate heating systems and electrical meters for each unit allowing for customizable utility payment structures. A parking pad at the rear ensures each unit has a designated spot, with an additional spot for visitors. Street parking in the front adds to the accessibility and convenience. Situated mere steps from Chinook Centre, Calgary's premier mall, and a short stroll to the Chinook train station, this property also offers swift access to the Macleod Trail corridor. Whether you are a seasoned investor or a newcomer to the real estate investors market, seize the opportunity to add to your portfolio with this well-maintained 4-Plex, capturing both cash flow and capital growth potential. Invest with confidence and make a smart move by scheduling a viewing to witness firsthand the investment appeal of this remarkable property!
Address 526 & 528 56 Avenue SW
List Price $1,849,000
Property Type Multi-Family
Type of Dwelling 4 plex
Style of Home 2 Storey
Area Calgary CC
Sub-Area Windsor Park
Floor Area 4,677 Sq. Ft.
Lot Size 6006 Ac.
Year Built 2004
MLS® Number A2100191
Listing Brokerage eXp Realty
Basement Area Finished, Full
Postal Code T2V0G7
Zoning DC (pre 1P2007)
Site Influences Back Lane, Schools Nearby, Shopping Nearby, Near Shopping Center, Walking/Bike Paths, Playground, Rectangular Lot

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Prestige Commercial Group

Remax Complete Realty

11450 29 St SE #201 Calgary Alberta T2Z 3V5

Office: 403-204-9323

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