3633 & 3635 CEDARILLE DR SW - MLS® # C4286579

3633 & 3635 CEDARILLE DR SW - MLS® # C4286579
  • Property Value $585,000
  • Living Area 1,914 sq ft.
  • Lot Size Area 5715.63 sqft
  • Type Multi Unit (Commercial)
  • Year Built 1977

Description

Attention investors! Rare multi-unit property in SW Calgary with value-add upside. Two-title duplex that can easily generate free cash flow with a 20% down payment and conventional financing. Gross rental income is $2,750/month. Renters pay own utilities. Positive cash flow is hard to find in the Calgary market, don’t miss this rare opportunity to own a lucrative multi-unit investment property. Excellent tenants on both sides with fixed-term leases in place and interest to stay long term. The aspiring landlord’s rental income is de-risked and secure into the future. Property is easy to keep rented, located on Cedarille Drive it is close to bus stops, schools, daycares, green space, and a convenient strip mall. Property is in good rental condition; clean and safe, with good bones. Increase your cap rate in the future with easy upgrades, or continue renting the property as is. Future Calgary ring road is adjacent to Cedarbrae just off Anderson Road, great for future commutes downtown. See feature sheet

3633 & 3635 CEDARILLE DR SW, South

Listing Provided By

RE/MAX LANDAN REAL ESTATE

Last Updated

2020-02-21 09:42

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3633 & 3635 CEDARILLE DR SW - MLS® # C4286579

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** The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.