My Listings

7717 &7719 41 Avenue NW
Bowness Calgary T3B 1X7

$759,000
Multi-Family baths: 0.0 2,074 sq. ft. built: 1969

Main Photo: 7717 &7719 41 Avenue NW in Calgary: Bowness 4 plex for sale : MLS®# A1169134
Photo 1: 7717 &7719 41 Avenue NW in Calgary: Bowness 4 plex for sale : MLS®# A1169134
Photo 2: 7717 &7719 41 Avenue NW in Calgary: Bowness 4 plex for sale : MLS®# A1169134
Photo 3: 7717 &7719 41 Avenue NW in Calgary: Bowness 4 plex for sale : MLS®# A1169134
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Photo 6: 7717 &7719 41 Avenue NW in Calgary: Bowness 4 plex for sale : MLS®# A1169134
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Photo 22: 7717 &7719 41 Avenue NW in Calgary: Bowness 4 plex for sale : MLS®# A1169134
Photo 23: 7717 &7719 41 Avenue NW in Calgary: Bowness 4 plex for sale : MLS®# A1169134
Status:
Sold
Prop. Type:
Multi-Family
MLS® Num:
A1169134
Sold Date:
Jan 22, 2022
Year Built:
1969
What an excellent opportunity to own revenue generated 4-plex in Bowness! Legally One Title with 4 units. Wonderful chance to hold and bring in supplemental income with long-term tenants until development plans are completed. MC-1 Zoning allows you to develop 3-4 story apartment or townhouse buildings. This well-maintained property consists of 2 upper units (3 Bedrooms) with balconies and 2 lower units (2 Bedrooms) overlooking the park across the street. All units are separately metered, parking in the rear, 3 units with in-suite laundry, and the roof was redone in 2012. The left upper-level unit #7717 (vacant) features a fully renovated kitchen with tile floor, new appliances, new windows, luxury vinyl plank flooring through 3bedrooms & living room. The right upper-level #7719 ( tenant occupied): The windows have been replaced, newly painted, laminated flooring, the tenant pays $1,300 per month including all utilities. Right Lower level unit: 950 sf, long-term tenant pays $900 per month including all utilities. However, you can increase your rent a bit more to generate additional cash flow. When all of the units are rented out, it used to have a cash flow of approximately $4,600/month. It is within walking distance to a local grocery store, gas station, local strip mall, transportation, and minutes to Bowness high school, & Bowness Park. Please note that there are big commercial developments going on nearby the property area.
Price:
$759,000
Property Type:
Multi-Family
Year Built:
1969
MLS® Num:
A1169134
Status:
Sold
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Data was last updated November 30, 2022 at 05:30 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,095,000
Min list price:
$540,000
Max list price:
$2,995,520
Avg days on market:
71
Min days on market:
5
Max days on market:
443
Avg price per sq.ft.:
$528.4
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Mi Jin Graham
Cell: 403-990-8110
Office: 403-294-1500
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
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™.
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