For Sale: 1-1202 2 Street NE, Calgary, AB - REW
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$1,499,000
0 bd • ba • 5089 sf • Fourplex
1-1202 2 Street NE
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$1,499,000
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1 - 1202 2nd Street NECalgary, AB, T2E 8A6

Crescent Heights
  • 0 Bed
  • Bath
  • 5089 Sqft
  • Fourplex

About this home

Exceptional investment opportunity in the highly sought-after community of Crescent Heights! This exceptionally well-maintained 4-plex offers a rare layout more comparable to a boutique apartment building than a traditional fourplex. All 4 completely self-contained units features 3 bedrooms + den, generous living areas, functional layouts, and strong tenant appeal, offering privacy and independence for residents. Adding to the investment appeal, tenants are responsible for their own utilities, and the owner does not pay utilities for the common areas, helping to minimize operating expenses. Pride of ownership is evident throughout, with meticulous upkeep and maintenance over the years. Ideally located just minutes to downtown, transit, parks, schools, shopping, and vibrant local amenities, this is a prime opportunity for investors seeking a premium multi-family asset in an unbeatable inner-city location. The current rents are as follows: Unit A is $1,500 and units B, C, and D are $1,650 per month each + tenants pay utilities.
Listed by: Melissa Seifert, CIR Realty

Home facts and features

Price details
List Price
$1,499,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Lot Size
6099 ft²
Year Built
Built in 1978 (48 yrs old)
Features
In Unit, Schools Nearby, Sidewalks, Street Lights, Walking/bike Paths
Amenities
Shopping Nearby
Appliances
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
CIR Realty
Secondary Agent
Secondary Broker
CIR Realty
Listing details
Days on REW
23 Days
MLS® Number
A2311476
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

The Chinese Academy
  • n/a
  • -
  • In Catchment
Crescent Heights High School
  • n/a
  • -
  • In Catchment
Stanley Jones School
  • n/a
  • -
  • In Catchment
Colonel MacLeod School
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  • In Catchment
Balmoral School
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  • In Catchment
Mount View School
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  • In Catchment
Italian School Of Calgary
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  • In Catchment
St. Angela Elementary School
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  • In Catchment
St. Alphonsus Elementary Junior High School
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  • In Catchment
Children's Village School
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  • In Catchment
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Call Agent
Melissa Seifert
Phone:
(403) 294-1500
Office:
403-294-1500
Bernie Seifert
Phone:
(403) 333-5778
Office:
403-294-1500
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.