7717 & 7719 41 Avenue, Calgary

4 plex for Sale

7717 & 7719 41 Avenue, Calgary, MLS® # A1084041
  • MLS®#: A1084041
  • Price: $749,000
  • Parking: 4
  • Status: Active
  • Year Built: 1969
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INVESTOR ALERT! OR Live in One Unit for yourself and Rent Three Units to pay off your mortgage, utilities and insurance. Opportunity knocks with this great purpose-built LEGAL FOURPLEX in Bowness! It is MC-1 Zoning Calgary which allows you to develop 3-4 story apartment buildings when you are ready to develop. Until such development, this property generates a great cash flow for your passive income. The property is consisting of 2 upper units with 3 Bedrooms + 2 lower units with 2 Bedrooms. Each unit is separately metered, has in-suite laundry and parking in the rear. New windows, flooring and paint in the upper NE unit (see pictures & virtual tour). Upper units have balconies and overlook the park across the street. The property currently generates over $37k annually, with room to improve once the fourth unit rents out. It used to generate over $55k annually. It is very easy to find a tenant in this area. A simple "rent sign" on the window has attracted many inquiries and phone calls. Minutes to many amenities, transit, shops, grocery store, gas station, parks and schools. Solid building in an excellent long-term hold location. Don't miss out on this fantastic property with tons of upside.

Contact Kelly Kernick About MLS® A1084041

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Kelly Kernick, 403-875-7629 at Urban Real Estate Services, 820, 26th Street NE , Calgary, Alberta, T2A 2M4

property information

  • Property Type: 4 plex
  • MLS®#: A1084041
  • Year Built: 1969
  • Total Floor Area: 2,052 sq.ft
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Community Information

  • Address: 7717 & 7719 41 Avenue
  • Neighbourhood: Bowness
  • City: Calgary
  • Postal Code: T3B 1X7
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interior

  • Fireplace Details: For Sale
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exterior

  • Frontage: 21.33M 70`0" metres
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services & amenities

  • Parking: (4 Total Parking Spaces)
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$749,000

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If you'd like to arrange a viewing of any listings you see on this site, or learn more about your options in the Calgary Real Estate market, the Kernick Home Team is ready to help with your search. Please contact us by email or call/text 403-875-7629 for assistance.

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Urban Real Estate Services
820, 26th Street NE , Calgary, Alberta, T2A 2M4
Tel: 403-875-7629
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.