Multi-Family For Sale

Calgary, Alberta

This lot is part 3 of a 3 lot sale! Here is a very rare opportunity to scoop up 3 boarding properties in one of the most sought areas of downtown Calgary. MISSION! The total length and depth of the combined properties are 100" x 120" giving you unlimited opportunities for redevelopment. Sitting on 19ave just off 4st gives quiet living yet steps from one of the trendiest streets in Calgary. All of the units on these 3 properties are rented currently giving you a handsome monthly income while plans are being drawn up as well. Call for details. Thanks. (id:36938)

Calgary, Alberta

Attention Investors! An exceptional investment opportunity awaits at 12 Huntley Close NE. This rare 6-Plex is situated in the highly desirable community of Huntington Hills on an expansive 67ft X 110ft lot. Offering a distinctive layout with individual entrances for each unit, this property eliminates the need for shared common areas within the building. The 6-2 bedroom units, designed in a Bi-Level style, feature identical floor plans with in-suite laundry and charming fireplaces for added comfort. The main floor of each unit boasts a spacious living room with large windows, leading to a generous balcony through patio doors. Additionally, there's a well-sized dining area, kitchen, and a laundry/furnace room. The lower level of each unit consists of 2 sizable bedrooms and a full bathroom. This well-managed property has undergone recent upgrades, including a new roof in 2020, as well as new furnaces, hot water tanks, windows, patio doors, exterior doors, and balconies for all units. Each unit comes with its designated parking stall at the rear, totaling 6 paved parking spaces, and complemented by ample street parking. The monthly rental income is approximately $9650 when fully occupied. Units 1, 4, and 6 are rented at $1600 each, Units 2 & 5 at $1550, and Unit 3 at $1750. Tenants pay all utilities, snow shoveling, and lawn maintenance. The owner is responsible for a $120/month garbage disposal fee and an annual insurance cost of $2900. The asking price includes 6 furnaces, 6 hot water tanks, 6 electric stoves, 6 refrigerators, 6 hood fans, and 6 sets of washers and dryers. Conveniently located within walking distance to two elementary schools, with public transportation directly to downtown, green spaces, and quick access to shopping malls and major traffic routes, this 6-plex in Huntington Hills is a prime investment opportunity. Reach out to your preferred agent today to explore this unique property! (id:36938)

Edmonton, Alberta

NAI Commercial Real Estate, have been retained by the Court of Kings Bench of Alberta on an exclusive basis to arrange for the Judicial sale of Former Rutherford Place Apartments, located at 12035 - 82 Street in Edmonton, Alberta (the Property). The Multi- Family property consists of a 3-storey wood-frame construction building with 18 suites. Value Add Property: There is strong potential to grow the Net Operating Income through in-suite renovations and the mark-to-market of rents in a rising rental rate environment. Historically Low Vacancy and Turnover: The Property has a history of low vacancy rates. Location: The neighbourhood benefits from access to major arterial roadways such as 82 Street with 25,100 vehicles per day (City of Edmonton 2022) and Yellowhead Trail with 75,000 vehicles per day (City of Edmonton 2022). (id:36938)

Calgary, Alberta

TREMENDOUS MULTI-FAMILY REDEVELOPMENT OPPORTUNITY IN PRIME LOCATION!!! Extremely rare opportunity to own this multi-family property in the sought after community of Montgomery. This up/down 4-plex is nestled on a 25.32 by 32.35 m (8880.23 Sq Ft) lot. The upper levels boast approximately 1000 Sq Ft of living space with 3 bedrooms, a living room, kitchen and eating area, and 4-pce bath with in suite laundry facility per side. The lower levels boasts approximately 900 Sq Ft of living space with 2 bedrooms, a living room, kitchen and eating area, and 4-pce bath with in suite laundry facility per side. Located just steps to bus stops, shopping, schools, parks and main transport corridors. Fully leased with excellent upside potential. This lot offers great redevelopment opportunity for multi-level apartment building with underground parking. This property has been well cared and meticulously maintained for by it's owners. The yard is fully landscaped and fenced with 4 spacious storage sheds. The garage is fully insulated (24'x24') with hot and cold water connection. This property is a great revenue generator while going through the permitting process. Please call today for details! (id:36938)

Edmonton, Alberta

Shelby Arms is a boutique Multi-Family Walk-up Apartment with 12 total units, 11 x one-bedroom units & 1 x Studio suite. On a quiet street just north of the 'WOW' amenities of 104th Street with close proximity to Downtown, NAIT, the Arena and public transportation to the U of A & all areas of the City. All suites are corner-end units with luxury finishing at this affordable price with a good capitalization rate. UPGRADES: Most suites w/ gourmet kitchens with quartz countertops & seven appliances, not to mention spa-like bathrooms with Jacuzzi tubs. All suites have maintenance-free flooring, mostly solid hardwood & porcelain tile. Many more were put into most suites, such as frosted glass doors, new windows, newer siding, newer roof, newer electrical throughout, updated fire alarm, new parking lot, boiler in 2014 & most mechanical. Low maintenance landscaping, new balconies or patios on all suites but two. Some suites come furnished. The Residential building is being sold under a single land title. (id:36938)

Taber, Alberta

PRICE IMPROVEMENT! Here is a great opportunity to purchase a fully rented 12-plex for sale in Taber! Many recent updates include brand new boiler system, new flooring in common area, some updated kitchens and flooring in half of the units, and a brand new communications front access system. The roof is only 6 years old. The property also has video surveillance, and 2 storage sheds for additional rent. The rents have also been significantly increased in the past few years. Contact your favorite realtor to book a showing. (id:36938)

Banff, Alberta

Duplex on 6,948 sq.ft. lot, this Banff Old Timer was built in 1908 and has operated as an excellent long time rental investment property with good revenue. The property is located in the RBA: Banff Avenue District, this is the highest density residential district in Banff and the permitted use is for 3 storey apartment housing. Do not miss this opportunity to buy a great holding property with excellent future redevelopment potential! Note: proper notice is required for showings as excellent tenants are in place with month-by-month leases. (id:36938)

Edmonton, Alberta

Welcome to this immaculate triplex townhouse on a quite street in the King Edwards park Communities. This brand new triplex house with legal suite make total of 6 units. It considers 4BRS/2.5Bath/garage/loft with large roof top patio - Over look city view skylight. Separated Legal 1BRS Basement Suite with Kitchen/ Laundry room. Very sleek modern design and close to all amenities Bonnie Doon shopping center and New LRT. Perfect investment property. Project income $127,000.00/yearly. Expense $25,000.00/yearly. Net income $98,000.00/yearly. Cap rate at 5.0% With qualified and Approval CMHC low interest rate. It make very good cash back investment return. Only ask $1,895,000 plus G.S.T. (id:36938)

Edmonton, Alberta

Assumable Mortgage @ 5.24% | Creative Financing Considered | A charming 13-unit apartment building situated in the heart of Alberta. Nestled on an 8616 sqft lot, this character property built in 1952 offers a captivating view of the river valley. Boasting a mix of renovated units, serviced with high-efficiency features including lighting, furnace, water tank, showerheads and faucets, the property provides a blend of comfort and style. A mere 2.7km from MacEwan University, it caters to a vibrant student population. The property includes a convenient credit card-operated laundry room. Remarkably low maintenance thanks to significant improvements, the building's market potential is further enhanced by currently charged rents that are below market rates. A rare find that perfectly marries vintage charm with modern living. All proposals are welcome. *Please do not approach tenants* (id:36938)

High River, Alberta

Introducing an exceptional investment opportunity in High River: a modern complex built in 2020, boasting 6 meticulously crafted units, each with 2 bedrooms and 2 bathrooms. Positioned to maximize natural light, these residences feature separate entrances and dedicated parking spaces, enhancing their rental appeal.Step inside to discover contemporary living spaces adorned with stainless steel appliances, embodying a modern aesthetic that elevates the allure of each unit. With vaulted ceilings, quartz countertops, and in-unit laundry facilities, residents enjoy unparalleled comfort and convenience.Offering an attractive rental rate of $1650-$1750 per month per unit, and a Capitalization rate of over 5% these residences offer a compelling investment prospect in a thriving locale. High River, nestled in the heart of a vibrant, People-First community, serves as the gateway to the awe-inspiring Kananaskis region. Immerse yourself in the excitement of their events, embrace the charm of small-town living, and indulge in the beauty of the surroundings, all while experiencing genuine Western hospitality. Don't miss out – inquire now for further details! (id:36938)

Calgary, Alberta

Excellent renovated 6 plex. This property has had many upgrades over the past 10 years, inside and out. Windows, kitchens, bathrooms, high end appliances, hardwood and tile flooring in each unit, the units have two entry doors and are approximately 750 sq.ft for 1 Br and 1,000 sf for the 2R. The roof on the garage has been redone, boiler and 2 hot water tanks replaced, common area windows replaced, 6 car garage heated and insulated with new doors and openers, etc. Very unusual for any 6 plex to have these upgrades. A buyer will be very happy to own a revenue property like this that has these quality upgrades.... a perfect turn key investment for a revenue buyer. The Buyer must qualify and assume the existing mortgage. See the supplements for mortgage terms (2.3% maturing 2030). (id:36938)

Edmonton, Alberta

Assumable Mortgage 2.19% | Creative financing will be considered | Exceptional investment opportunity in the heart of downtown Edmonton! This centrally-located property, zoned CB1, boasts a portfolio of 10 fully-leased units, offering a healthy cap rate and perfect for entry-level multifamily investors. This dynamic assortment includes 6 one-bedroom units, 2 two-bedroom units, and a spacious three-bedroom unit. Additionally, the property includes a non-compliant bachelor suite. Benefit from the location, within walking distance to both MacEwan University and the Royal Alexandra Hospital. Residents enjoy immediate access to education, healthcare, and the downtown lifestyle. Furthermore, this property resides in a community presently undergoing a vigorous renewal process, heralding promising prospects for increased future value. All proposals are welcome. *Please do not approach tenants* (id:36938)

Blackfalds, Alberta

FULLY RENTED 6 Gorgeous Townhomes for sale in a Full Six Plex!!! 6 - 3 Bedroom – 3 Bath Stunning Townhomes in an excellent location in Blackfalds, Alberta. Each Unit is 1290 square feet and has upgraded Kitchens, Lighting Fixtures, Flooring, Primary Bedrooms with 4 piece Ensuites and walk in closets. Fully fenced back yards ,each unit has a large deck off of the Living Room. Excellent Low Maintenance Investment Opportunity! (id:36938)

Calgary, Alberta

Corner lot , Investment opportunity 6 plex , located in Altadore , prime location to hold or to build, 9300 sq.ft. of land on a corner lot, Land Use M-C1 5x2 bedrooms 1x1 bedroom , up grades include newer windows, exterior, 1 suites been upgraded with new kitchens , 1 suite is for showings, all suites are large , includes all appliances , newer roof. long term tenants , please do not approach tenants. Monthly gross income $9,700.00 Extra income from laundry at $3600 per year Total revenue $116.400.00per year Investment opportunity 6 plex , located in Altadore , prime location to hold or to build, 9300 sq.ft. of land on a corner lot, 5x2 bedrooms 1x1 bedroom . (id:36938)

Okotoks, Alberta

Fantastic location in Okotoks. Steps to Elizabeth Street and all the best restaurants, shops etc. that Okotoks has to offer.Built in 1990, this 6 unit building is in excellent condition. All 2 bedroom units Approx 850 sqft and 2 top floor units have a loft (approx. 1230 sqft). All have their own furnace and HWT and separately billed. Tenants pay for utilities. All units have their own in-suite washer and drier as well as built-in dishwashers. . Full parking lot with 12 stalls! Easy to rent and easy to manage, Don't miss out! Call for income/expenses statement. (id:36938)

Calgary, Alberta

INVESTOR ALERT! Welcome to a prime investment opportunity in Huntington Hills on a corner lot! This 6-plex offers a lucrative venture for an investor. Four 2 bdrm, one 1bdrm. and one 3 bdrm unit. Each unit features its own private entry, eliminating common hallway areas and ensuring tenant privacy. Currently, the rental rates are below market value, presenting a significant opportunity for rent increases. Projected future rents gross rent of $9600, with potential for even greater returns. The current rent is $ 8900. Tenants pay water, gas, and electric expenses, and all units are independently metered. The only monthly cost related to utilities is the garbage removal / recycling averaging just under $294 per month in 2023. Newer roof replaced in October 2021. All units have a balcony and a dedicated parking stall have a plug in. 6 washer and dryer, 6 fridges, stoves, 6 hood fans, 6 fridges are included. Good size bedrooms and a 4 pc.bath is located on the lower level. Low annual maintenance costs. Some long term tenant Convenient location for access to public transportation to downtown, walking distance to two elementary schools., parks, and shopping malls. Easy turn key investment property. (id:36938)

Penhold, Alberta

A brand new 5 plex that would make a great addition to your investment portfolio. These Larkaun Homes built townhouses each have 3 bedrooms upstairs, vinyl plank flooring, upgraded kitchens including quartz countertops, corner pantries & full tile backsplash. No need to budget for landscaping. The builder is including sod front and back and fully fenced with additional parking in the back. A great location on a Close in Penhold, just steps away from the Multiplex. Worry-free investment with New Home Warranty. (id:36938)

Edmonton, Alberta

Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details. (id:36938)

Calgary, Alberta

Investors and builders - opportunity knocks. Each property's asking price is $1,499,900. Prime Elboya location only 5 minutes to Calgary downtown, Chinook Mall and LRT station. 4724 and 4728 Stanley Road SW these (LEGAL) 2 x 4 plexes have 2 bedrooms, self-contained units with front and back entrances and in-suite laundry in every unit. Long-term tenant's rents are very low potential to increase rentals. 3 double detached garages. MC-2 zoning allows up to 16.0 meters of height building. Each lot is 60 ft frontage and 125ft deep with a back lane. Combined lot size 120 ft front and 125 ft deep. Well-maintained units, no sign on the property. Please do not disturb tenants. For more information, call your favourite realtor. (id:36938)

Calgary, Alberta

Investors and builders - opportunity knocks. Each property's asking price is $1,499,900. Prime Elboya location only 5 minutes to Calgary downtown, Chinook Mall and LRT station. 4724 and 4728 Stanley Road SW these (LEGAL) 2 x 4 plexes have 2 bedrooms, self-contained units with front and back entrances and in-suite laundry in every unit. Long-term tenant's rents are very low potential to increase rentals. 3 double detached garages. MC-2 zoning allows up to 16.0 meters of height building. Each lot is 60 ft frontage and 125ft deep with a back lane. Combined lot size 120 ft front and 125 ft deep. Well-maintained units, no sign on the property. Please do not disturb tenants. For more information, call your favourite realtor. (id:36938)

Edmonton, Alberta

Welcome to Bev Manor. Great multi-family building located in the neighbourhood of Beacon Heights between Yellowhead Trail and North Saskatchewan River and is neighboured by Homesteader, Abbottsfield, Beverley and Newton. The Community of Beacon Heights is a traditional suburb, complete with tree-lined streets and large lots which now include some infill homes. Unit mix consists of Five 2 bedrooms and seven 1 bedrooms apartments. Very well maintained, rarely a vacancy, large units with balconies and a location that is good as it gets. Easy to manage with 100% occupancy providing steady cash flows. This property is ideal for first time investors, or increase unit count to your existing multi-family portfolio. (id:36938)

Red Deer, Alberta

Fantastic 11 SUITER in the HEART of Red Deer. All 11 Units are all FULLY RENOATED with the exact same finishing's - kitchens, vinyl flooring, paint, appliances, bathrooms, etc. SIX 1 Bedrooms and FIVE 2 Bedrooms. New Boiler, roof, newer hot water tank. All common area carpet was recently replaced. Coin Operated Laundry. Plenty of parking stalls. Possible room to make another unit with appropriate steps - Care taker bachelor suite. Very well maintained building. Great Investment won't last long! (id:36938)

Calgary, Alberta

This is a 6 suite building with a great suite mix. 2 - 1 BR, 4 - 2BR with full parking in the rear. The building has a hands on owner who has looked after the property. There is a south facing patio on the second level. The building is located just 1 block off Center Street north with all its amenities and access to public transportation. SEE proforma and RPR in the supplements. (id:36938)

Calgary, Alberta

This FOUR CORNER 4 PLEX is an exceptional investment opportunity as a lucrative income generating property, long term appreciation and with the possibility of splitting the title into 4 separate townhouses for increased ROI. Gorgeous curb appeal and situated in a great convenient location close to schools, transportation, shopping and a quick easy commute to downtown. 3 units have updated kitchens, some new windows, asphalt shingle roof replaced in June 2022. Rear units (2 & 4) have incredible panoramic views... all very attractive for tenants and to command premium rental rates! All units are the same floor plans. Photos and measurements are of unit 4. This one of a kind property has always been professionally managed and maintained. (id:36938)