For Sale: 1334 23 Street, Didsbury, AB - REW
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$599,000
0 bd • ba • 2000 sf • Fourplex
1334 23 Street
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$599,000
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1334 23rd StreetDidsbury, AB, T0M 0W0

  • 0 Bed
  • Bath
  • 2000 Sqft
  • Fourplex

About this home

INVESTOR ALERT | LEGAL 4-PLEX | POSITIVE CASH FLOW | RENTAL UPSIDE. An excellent opportunity to add a well-maintained, purpose-built multi-family property to your portfolio in the growing community of Didsbury. This four-plex features four identical bi-level corner units, each offering a private entrance, 2 bedrooms, 1 full bathroom, an open-concept kitchen, dining and living area, in-suite laundry, dedicated furnace and hot water tank, plus excellent storage. The efficient design provides approximately 2,000 sq. ft. above grade, with additional developed living space below and 8 on-site parking stalls. The building has been well maintained and benefits from a strong rental history with long-term tenants, positive net operating income and current rents below estimated market levels, providing meaningful future revenue upside. Ideally located close to Didsbury's schools, hospital, recreation facilities, parks, shopping and everyday amenities, with quick access to the QEII Highway. Didsbury is a thriving central Alberta community strategically positioned between Calgary and Red Deer, supported by a diverse regional economy and strong demand for quality rental housing. Whether you're an experienced investor expanding your portfolio or looking to enter the multi-family market, this is a compelling opportunity to acquire four income-producing units under one title.
Listed by: Tom Armstrong, REMAX Innovations

Home facts and features

Price details
List Price
$599,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Lot Size
7841 ft²
Frontage
50.23 ft
Year Built
Built in 2001 (25 yrs old)
Features
Open Floorplan, Pantry, Private Entrance
Appliances
Refrigerator, Stove, Washer/Dryer, Window Coverings
Agent details
Primary Agent
Primary Broker
REMAX Innovations
Listing details
Days on REW
2 Days
MLS® Number
A2339635
Source
Pillar 9
Board
Calgary Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Didsbury Career High School
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Ross Ford Elementary School
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Westglen School
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Didsbury High School
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Tom Armstrong
Phone:
403-216-1600
Office:
403-228-5557
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