For Sale: 2431 & 2429 26 Street SW, Calgary, AB - REW
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$1,200,000
6 bd • 4 ba • 1954 sf • Duplex
2431 & 2429 26 Street SW
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$1,200,000
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2431 & 2429 26th Street SWCalgary, AB, T3E 2A6

Killarney
  • 6 Bed
  • 4 Bath
  • 1954 Sqft
  • Duplex

About this home

H-GO ZONING | 4 LEGAL SUITES ON 1 TITLE (2 UP, 2 DOWN) | 125 X 50 FT WEST BACKYARD LOT | APPROX. 5.30% CAP RATE | FULLY OCCUPIED AND PROFESSIONALLY MANAGED | Excellent revenue generating 4 plex in the highly sought after inner city community of Killarney. This property offers outstanding return on investment potential with an approximate 5.30% cap rate and is fully occupied with professional management already in place, making it a true turnkey investment opportunity. The lower suites have been fully renovated and were recently leased for $1,325 and $1,550 per month, while the upper suites are currently rented for $2,075 per month each. Each unit features its own updated electrical panel, separate laundry, and a fireplace (chimneys capped), along with numerous additional updates throughout. Outside you’ll find a double garage along with additional rear parking stalls on the large west facing 125 x 50 ft lot. Over the past few months the sellers have completed approximately $35,000 in roofing improvements with warranty (2-ply SBS torch-on), invested approximately $12,000 in new flooring throughout the property, trimmed all of the exterior vegetation to improve the landscaping, and repainted the fence, further enhancing the property’s curb appeal. An exceptional opportunity to add a strong cash flowing asset to your investment portfolio. Link to Investor Package and photos of the new roof in listing.
Listed by: Eric Boyd, RE/MAX House of Real Estate

Home facts and features

Price details
List Price
$1,200,000
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Home facts
Bedrooms
6
Full Bathrooms
4
Parking Spaces
2
Property Type
Duplex
Lot Size
6099 ft²
Frontage
50.13 ft
Year Built
Built in 1969 (57 yrs old)
Style
Attached-Side by Side,Bungalow
Heating Type
Forced Air,Natural Gas
Pool
Pool
Basement Details
Full
Features
Back Lane, Back Yard, Built-in Features, Front Yard, High Ceilings, In Unit, Landscaped, Park, Private Entrance, Schools Nearby, See Remarks, Separate Entrance, Sidewalks, Street Lights, Walking/bike Paths, Wood Burning
Amenities
Playground, Shopping Nearby, Storage, Tennis Courts
Appliances
Dishwasher, Refrigerator, Stove, Washer/Dryer
Community
Agent details
Primary Agent
Primary Broker
RE/MAX House of Real Estate
Listing details
Days on REW
1 Day
MLS® Number
A2326037
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

North Point School For Boys
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Richmond School
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Alex Ferguson School
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Killarney School
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Holy Name (Bilingual) School
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Sunalta School
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Clear Water Academy
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Access International College
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Banbury Crossroads School
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New Heights School And Learning Services
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Call Agent
Eric Boyd
Phone:
(403) 809-4307
Office:
403-287-3880
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