A fantastic opportunity to own an investment property in trendy Marda Loop with long-term tenants! This well-maintained gravel roofed building (~3830 square feet total) boasts 4 identical and spacious (~950 square feet) 2-bedroom units, each with its own private entrance, full bathroom, brick faced wood burning fireplace, convenient in-suite laundry, storage, dedicated furnace and hot water tank, as well as paved and assigned off-street parking at the rear. The lower units are both walkouts providing plenty of natural south light, while the upper units have expansive balconies all shielded from the street by mature trees. Location is everything. Residents here enjoy being steps away from trendy boutiques, independent shops, bars, unique cafés and incredible restaurants. Grocery shopping and errands couldn't be easier with Safeway, Calgary Co-op, and several farmer's markets nearby. The area is equally rich in top-rated schools, parks and recreational spaces and is a short commute to downtown. All units are currently rented and the property generates an impressive ~$75,000 of income per year. Tenants pay their own utilities with each unit having its own meters. This MC-1 zoned 75’ x 80’ lot has options both now and in the future. (id:51989)
Features of 1520 34 Avenue Sw
- MLS® Number A2204641
- Price $1,199,900
- Square Footage: 1979 sqft
- Property Type: Multi-Family
- Neigbourhood: South Calgary
- Community Name: South Calgary
- Amenities Near By Park, Playground, Shopping
- Features Back Lane
- Parking Space Total 4
- Plan 4479p
- Structure Deck
Buildings
| Appliances | Washer, Refrigerator, Stove, Dryer | Architectural Style | Other |
| Basement Development | Finished | Basement Type | Full (finished) |
| Constructed Date | 1974 | Construction Material | Poured Concrete, Wood Frame |
| Cooling Type | None | Exterior Finish | Concrete, Stucco, Wood Siding |
| Fireplace Present | Yes | Fireplace Total | 4 |
| Flooring Type | Carpeted, Ceramic Tile | Heating Fuel | Natural Gas, Wood |
| Heating Type | Other | Size Interior | 1979 Sqft |
| Total Finished Area | 1979 Sqft | Type | Multi-family |
Parking
| Parking Pad |
Land
| Acreage | No | Land Amenities | Park, Playground, Shopping |
| Size Depth | 24.34 M | Size Frontage | 22.85 M |
| Size Irregular | 556.00 | Size Total | 556 M2|4,051 - 7,250 Sqft |
| Size Total Text | 556 M2|4,051 - 7,250 Sqft | Zoning Description | M-c1 |
Agents and Offices
- Justin Richard Calon
- Office: Greater Property Group