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Jordan Biss

REALTOR®

  • Cell 403-993-5700
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4524 75 St Nw, Calgary, Alberta – $1,150,000

  • $1.2M Price
  • 6,912 Sqft
  • 124 DOM
  • $1.2M Price
  • 6,912 Sqft
  • 124 DOM

4524 75 St Nw

MAJOR PRICE REDUCTION of $445,000. . . . $151,000 LESS THAN ASSESSMENT. . . . .7 UNIT TOWNHOUSE COMPLEX strata titled with 7 individual titles. Record LOW interest rates. UPSIDE TO RISING RENTS. Unit 1 rented for $1.050/month. Now asking $1,195/mo for unit 4. All units are 2 bedrooms, 2 level, with their own furnace, hot water tank, washer and dryer, separate meters and separate entrance. 100% parking for 7 units. All units are self contained. Low expenses as no common areas. Always full as affordable rents. Current rent roll is $6,685/month or $80,220 annually. Very low expenses: insurance $1,844, waste $1,260, taxes $9,783, CAP RATE 5.4% with 3% vacancy and 3% maintenance. PERFECT FOR AN INVESTOR. Major developments including Greenwich and Real Canadian Superstore. 1/2 block to newly purposed Bowness High School with its elite athletes program. MAJOR upgrades to Bowness, Beaumont and Shouldice PARKS. Close to FOOTHILLS HOSPITAL and the ALBERTA CHILDRENS' HOSPITAL. Large lot. QUICK CLOSING for an ASTUTE INVESTOR.

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Essential Information

Community Information

Amenities

  • Parking Spaces7

Utilities

Electricity Purchaser to Verify

Interior

Lot Description

Back Lane, Near Shopping Center, Level, Street Lighting, Near Public Transit

Additional Information

  • Days on Market124
  • ZoningM-C1

Listing Details

  • OfficeRe/max Real Estate (central)
This property, MLS C4303199, has 0 bedrooms and 0 full baths and 0 half bathrooms. 4524 75 St Nw is approximately 6912 square feet and was built in 1972.
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Listing information last updated on October 25th, 2020 at 12:45pm MDT.