Multi-Family For Sale

Lethbridge, Alberta

Embrace a unique opportunity to own an impeccably maintained 8-plex featuring charming 2-story townhomes surrounding a courtyard. This property is thoughtfully divided into two distinct 4-unit buildings, offering a blend of five spacious 2-bedroom units. Recent upgrades, including new windows, a durable roof, plush carpets, and modern appliances, add a touch of contemporary elegance to this investment.A meticulous renovation occurred approximately four years ago, as five units had their basements expertly finished to include a coveted third bedroom. This well-executed enhancement, completed with proper permits and attention to detail, features new wiring and upgraded electrical panels, elevating the property's overall appeal.Each unit comes complete with the convenience of in-suite laundry, offering a modern touch to everyday living. The location is a standout feature, close to bus routes, schools, parks, and shopping destinations. This versatile property presents a prime investment opportunity, combining comfort, modernity, and proximity to essential amenities. (id:36938)

Calmar, Alberta

Situated on the property is an 8-unit multi-family project, featuring two distinct 4-plex style buildings with fully developed basements, while the northern section remains undeveloped, presenting a raw, vacant canvas. Each of the well-appointed units boasts a spacious 1,112 Sq.Ft., Bi-Level layout comprising two bedrooms, a 4-piece bathroom, mechanical room, and a convenient laundry area on the lower level, while the main level offers a comfortable living room, dining area, and a modern kitchen. Currently, the property enjoys full tenant occupancy, yielding a total monthly income of $9,250. The interior showcases contemporary vinyl plank and carpet flooring, complemented by painted walls and stippled ceilings. Dark wood cabinets and vanities, along with laminate countertops, adorn the kitchens and bathrooms, while each suite is appointed with modern doors and lighting fixtures. (id:36938)

Calgary, Alberta

Prime location and revenue generating property in desirable community of Sunalta, within walking distance to Sunalta C-Train station and a lots of shopping/dining options. Also close to some of Calgary's best schools (Western Canada, Mount Royal, Sacred Heart), and nearby tennis courts for active living. This well maintained 2 storey, four unit building is zoned M-CG d111 with potential monthly revenue over $7000 City assessment as 4-plex available. Both 2 storey units feature 3 bedrooms and laundry; one with a full bath and 2 pc en suite; the other with a full bath, 3 pc en suite, and 2 pc powder room on the main floor. Basement units (2 bed/1 bath and 1 bed/1 bath) include private access from common entry way/landing and shared laundry room. 4 parking stalls accessible from rear laneway. Exceptional revenue and/or development value (id:36938)

Calgary, Alberta

Prime Investment Opportunity with a 7% Cap Rate in the Mission / Cliff Bungalow District of Central SW Calgary -Moments from Starbucks and the Dynamic 4th Street Scene! Seize the chance to own a remarkable investment on a prime 37'x120' lot within Calgary's coveted Mission district. This well-maintained 5-plex, standing proudly on a scenic, tree-lined street, blends the vibrancy of urban living with the enchanting allure of its early 1900s origins. Skillfully converted into five illegal suites (four 1-bedroom and one 2-bedroom), this two-story building captivates with each unit's unique character, enhanced by modern amenities including a complete set of appliances (five refrigerators, five stoves, one dishwasher, and one combination washer/dryer, two washers & 1 dryer). Recent renovations underscore the property’s commitment to quality and comfort, with new shingles installed in 2021 and the bathrooms in suites #1 and #2 completely remodeled in 2022, offering a contemporary living experience. Strategically situated, the property grants unbeatable access to the lively corridors of 17th Avenue and 4th Street SW, renowned for their rich assortment of dining, nightlife, and boutique shopping. It's a haven for those who thrive on an active lifestyle, with the MNP Community & Sport Centre and picturesque bike paths along the Elbow River just a stone's throw away. The convenience of biking or taking transit to downtown Calgary adds to this investment's allure. Four of the five illegal suites have been operating as lucrative Airbnb short-term rentals, a testament to their consistent demand and the property's income-generating prowess. Currently, only 1 is operating as an AirBnB with the balance on long-term leases. In addition, four parking spaces at the rear enhance its attractiveness andfunctionality. (This purchase price includes all the furnishings in 4 of the 5 suites. You are ready for business!) Whether your goal is to bolster your rental portfolio with a property boasting a solid revenue history and recent upgrades or to explore future development possibilities on this versatile lot — be it constructing your dream home or a new multifamily unit — this opportunity is ripe with potential. Invest in a locale that offers both growth and a lifestyle that's hard to match. (id:36938)

Calgary, Alberta

Rarely available for sale, this highly desirable large four-plex is located in the sought-after inner-city community of Tuxedo Park. The property features three-bedroom suites on an MC-1 zoned lot, making it an excellent investment opportunity. It is ideally situated within walking distance of major amenities, including bus stops, grocery stores, schools, playgrounds, future C-Train stations, popular bars, and restaurants, and offers easy access to the downtown core via Center Street. Each bungalow-style unit is self-contained with its own in-suite laundry, hot water tank, and furnace, and each unit is individually metered. The upper units have front entrances, while the lower units are accessed from the side. All units share a similar floor plan: living rooms at the front, dining rooms across from the kitchens, and beyond the kitchens, down a hallway, you will find the mechanical and laundry rooms, a four-piece bathroom, and three bedrooms at the rear of the property. Parking is conveniently located at the rear, beyond the backyards. The building also boasts new windows throughout. Don’t miss this rare opportunity to own a fantastic revenue property with enormous future development potential. (id:36938)

Calgary, Alberta

Developers and Investors Alert! Rarely available for sale, this highly desirable large four-plex in the sought-after inner-city community of Tuxedo Park features three-bedroom suites on an MC-1 zoned lot. Ideally situated within walking distance to major amenities, including bus stops, grocery stores, schools, playgrounds, future C-Train stations, popular bars and restaurants, and offering easy access to the downtown core via Center Street. Each bungalow-style unit is self-contained with its own in-suite laundry, hot water tanks, and furnaces, and each unit is individually metered. The upper units are accessed from the front of the building, while the two lower units are accessed from the side. All units have similar floor plans: living rooms at the front of the property leading to dining rooms across from the kitchens. Beyond the kitchens and down a hallway, you will find the mechanical and laundry rooms, a four-piece bathroom, and at the rear of the property, the three bedrooms. Parking is located at the rear of the property, beyond the backyards. The building features new windows throughout. Don’t miss this rare opportunity to own a fantastic revenue property with enormous future development potential. (id:36938)

Calgary, Alberta

INVESTOR 4 plex with prime inner city location for future land appreciation to add to your investment return. Current REVENUE of $73,200/year in a inner city LOCATION with quick access to downtown and the popular Marda loop community. Three 2 bedroom suites plus a 1 bedroom suite. Front entrance main level has two 2 bedroom units, Rear entrance has a walk out basement access for the 2 lower level units. Double garage with lane access. The current increasing demand for rentals offers the opportunity to increase the current income from $73,200/year. (id:36938)

Edmonton, Alberta

Good Location. Close to University of Alberta, University of Alberta Hospital and just off Whyte Avenue. This Low Rise Apartment is a 10 suite; 1-3 Bedrooms, 5-1 Bedrooms and 4 Bachelor Suites. Each unit has a stove, fridge and microwave. Coin Operated washer and dryer for tenant use. There are 10 parking spaces at rear off the lane. Building is in good condition overall. Located in the Strathcona neighborhood and near restaurants, shopping, public transportation, ravine for nature walks. (id:36938)

Claresholm, Alberta

Investors check this out! Massive potential with this one! This 6 unit row/ townhouse is located in the Town of Claresholm close to the Hospital and Doctor's clinic and backs onto the Claresholm golf course. With plenty of walking paths, there are tons of outdoor areas to enjoy. Each unit is a front/ back split with a total of 1144 sq/ft on all three levels. Each unit has 4 bedrooms, 1.5 bathrooms and the property has had many renovations and upgrades over the years. Five of the units are fully rented and the last unit has been left vacant for showings. Each unit has its own title and are individually metered for utilities. The process for turning these units into a condo has begun if the new owners wanted to convert they could. The units are currently being rented to primarily seniors. (id:36938)

Calgary, Alberta

Great revenue generating property in a convenient inner city location. This fully rented out apartment building backs onto the Highland Park golf course. There are 3 two-bedroom units and 2 one-bedroom units, and a coin-operated shared laundry room. Each suite comes with its own private balcony and an electrolysed parking stall at the rear. All units have been painted and updated accordingly over the years. Roof updated in 2013, boiler system furnace updated in 2014. With favourable access to transit and major thoroughfares including McKnight Blvd NE, this is a worthwhile asset for years to come. (id:36938)

Lacombe, Alberta

~INVESTORS~ build your portfolio with this beautiful 4 plex in LACOMBE! Each unit features an OPEN CONCEPT and private paved parking. BEAUTIFUL white kitchen with quarts countertops throughout, and a stainless appliance package. Laundry room located on the main floor for convenience. Upstairs you have 3 bedrooms a four piece bath. The primary bedroom features a four piece bathroom, and a walk in closet. No carpet, flooring is luxury vinyl plank throughout. The basements are undeveloped, but has rough in for in floor heat, currently makes great space for lots of storage or a gym. Talk about LOCATION, in the heart of downtown, walking distance to all amenities! REMAINDER OF 10 YEAR PROGRESSIVE NEW HOME WARRANTY~ (id:36938)

Calgary, Alberta

Welcome to this substantially updated legal 4-plex in the sought-after neighborhood of Cambrian Heights. Main floor units are 935.22 square feet 2 bedroom units and the lower suits are 838.53 & 839.94 square feet with a very large 1 bedroom on the lower levels. Situated just a short walk from Confederation Park, this property offers easy access to amenities and transportation. Meticulously maintained, the property boasts newer white kitchens and bathrooms with ceramic tiling in all units. Updates include 4 furnaces and shingles replaced in 2011, ensuring the building's efficiency and structural integrity. Hot water tanks were replaced between 5-8 years ago. Each unit features hardwood floors on the main level, providing a warm and inviting living space. Off-street parking for 4 vehicles is available at the back of the property. The sale includes 4 refrigerators, 4 electric stoves, 2 dishwashers, 2 washers, 2 dryers, and 2 storage sheds. The window coverings owned by the sellers are also included.The total size of the property is 3,901.85 square feet, with the main level measuring 2,037.72 square feet and the basement 1,864.13 square feet. The 50ft frontage lot offers ample space for outdoor enjoyment. Title and Real Property Reports are available in the supplements on the listing.Currently, the property generates a monthly income of $4,225, which is considered low for the area, presenting an opportunity for potential growth. Don't miss the chance to own this well-maintained and income-generating property in a desirable location. (id:36938)

Edmonton, Alberta

Welcome to Sunrise Apts. A very well maintained and managed building located in the NW neighborhood of Woodcroft with proximity to all public transportation, retail stores, shops, and schools. Two 4PLEXES in one Lot! Easy access to Yellowhead Trail and 118th ave providing quick vehicle access throughout the city. This building has great curb appeal and pride of ownership can be seen throughout the grounds. Very Large Lot with great visibility. Easy to manage with 100% occupancy providing steady cash flows. Unit mix is six large 2 bed X 1 Bath apartments and 2 large one bedroom X 1 Bath units. 10 outdoor parking stalls. This property is ideal for first time investors, or increase unit count to your existing multi-family portfolio. Nearby neighborhoods include trendy restaurants and cafe spots. (id:36938)

Edmonton, Alberta

Welcome to Royal Apartments located in the Beacon Heights neighbourhood. Most of the homes in Beacon Heights are single- and semi- detached homes built in the decade leading up to amalgamation. Higher density housing is located closer to commercial areas and traffic routes, and was built between 1960 and 1980. The focus of community activity in Beacon Heights is the Beverly Jubilee Park and the adjoining Beacon Heights Community League facilities. Pride of ownership can be seen throughout this 2.5 storey wood frame building with brick and stucco exterior. Built in 1965, this building consists of 12 spacious one bedroom units. All units individually metered for electricity. Surface paved parking. Building has been very well managed and requires minimal maintenance. (id:36938)

Calgary, Alberta

Welcome to this beautiful east-facing full duplex with over 1,700 sqft of living space. Situated on a 50x120ft rectangular lot with back lane access, this property is a prime investment opportunity. Each side of the duplex features 2 bedrooms and 1 full bath on the main floor, along with a spacious kitchen, dining, and living room. Each basement has an additional large bedroom and another full bath. The double garage is divided for the convenience of two tenants. There is significant potential to increase rent, making this an attractive option for savvy investors. Don't miss out on this gem! (id:36938)

Sundre, Alberta

Exceptional Sundre 2016 built 5plex, built to very high standards with a mix of spacious units, including 3 x 3-bedroom, 2-bathroom layouts and 2 x 2-bedroom, 2-bathroom configurations with in unit laundry and separate hot water tanks and furnaces per unit, Unit 5 is instant hot water. Currently fully rented to reliable tenants, boasting a stellar track record of zero vacancies for years. Enjoy a steady income stream and impressive cap rate from this investment gem. Built in 2016 near the hospital this property is utilized by the Rural Physician Program with signed leases until 2025, Spacious units with large bedrooms, ensuite masters and laundry in each unit, kitchens with large islands and quartz counter tops throughout, large windows, vinyl flooring, 4 units have heated garage spaces and driveways, Unit 5 has its own driveway. Sundre Hospital Futures Committee is committed to building a new hospital campus within the next few years and Travel Alberta has a plan to develop tourism opportunities in this zone. Only 1 hour from Calgary or Red Deer and a perfect location for all nature enthusiast, with walking trails, Rivers, Lakes and Streams, Sundre has an amazing community with lots of amenities and opportunities. (id:36938)

Lacombe, Alberta

~INCREDIBLE INVESTMENT OPPORTUNITY~ BRAND NEW 4 PLEX in a very desired area in BEAUTIFUL LACOMBE. Walking distance to all city amenities, bus routes and schools. This well known builder WOLOWSKI DEVELOPMENTS takes pride in a quality over quantity. Built to perfection, with ICF foundation, sump pump, high efficient LENOX FURNACES, 50 gallon hot water tank (John Wood) LUXURY VINYL PLANK flooring throughout. Bright spacious OPEN floorplan, Main floor features a WHITE KITCHEN, pantry, Island, dining room and large living room, There is a 2 piece powder room, and coat closet. Basement has 2 large bedrooms, a four piece bath and laundry room. MOVE IN READY!! (id:36938)

Swan Hills, Alberta

MOTIVATED SELLER!! Own Copperstone Manor with a 9.61% Cap Rate with excellent cashflows. This 24 suite apartment building was significantly renovated in 2019 with new luxury vinyl plank flooring throughout the suites; new paint; new bathrooms; new kitchen countertop and tile backsplash; new fire rated doors throughout, upgraded LED lighting, and too much to list. There is an excellent mix of 18 One Bedroom plus 6 Two Bedroom suites. 19 suites are fully furnished with everything to create an Airbnb suite for increased cashflows. Great for workers at oil field sites, forestry, and locals. Each suite is individually metered for electricity. Boiler was installed in 2010 and is well maintained. The 35 year rated roof shingles were installed in 2008. On-site caretaker and helper. Don't miss this opportunity to get a fantastic cashflowing property!! NO VTB OR ASSUMABLE MORTGAGE. See REALTOR's website for more details. (id:36938)

Edmonton, Alberta

Ideal investment opportunity at 7.25% Cap. This commercial mixed use rooming house provides steady income stream with long term tenants in place. The building was completely renovated in 2001 right down to the studs with new plumbing, electrical and roofing. More recent upgrades includes LED lighting throughout, high-efficient hot water tank for residential supply. The building consist of 16 studio units. each floor has two common bathroom, a shower room and common kitchen. Two main floor commercial leases expires 2027. (id:36938)

Calgary, Alberta

** RARE 4PLEX CONFEDERATION PARK!! ** Corner lot on top of hill sits this recently renovated SIDE X SIDE DUPLEX w/ 2 LEGAL SUITES DONE 2023 making it essentially a 4plex. Each of the 4 units has its own private separate entrance directly to the front of the house. Perfect for any family or landlord/ investors CASHFLOW IMMEDIATELY in fantastic NW neighborhood CAMBRIAN HEIGHTS next to Confederation Park, University of Calgary, SAIT, off of 14st and Northmount with all levels of schools within walking distance, and shopping plaza nearby. Each unit has 2 bedrooms, ENSUITE LAUNDRY EACH UNIT, living room (note 1 of the 4 units has living room converted to a 3rd large bedroom), newer bathroom, kitchen, and of course own separate control for heating and fresh air ventilation for each unit. Note 3 of the units have newer kitchens, and all units have new luxury vinyl plank flooring, all appliances of stove, fridge, washer, dryer for each unit. The front on both side have new windows with NEW STUCCO finish, there is newer furnace on 1 side, electrical baseboard heaters for 2 of the units, both sides each has UPGRADED 200AMP SERVICE, 1 side has a brick-faced front parking pad for 2 cars tandem parking, RENOVATED 4PLEX! Rare to have everything done, so can move-in or rent immediately all 4 of these individualized condo-like units, don't miss this one!! Lastly, corner lot with the future rezoned approved by City already to R-CG can build like 8 UNITS on this 55ft wide lot. (id:36938)

Edmonton, Alberta

GREAT INVESTMENT OPPORTUNITY! Location, Location, Location. Solid 2.5 storey walk up with 6 spacious units. Built in 1968, with original owner still in place its very well maintained and easy to manage. This clean and bright building has 3X3 bedrooms and 3X2 bedrooms- one with its own private side entrance. EIGHT parking stalls including a double garage (24x26) newly shingled, 7 of 8 are energized with loads of street parking too. Huge fenced yard with 2 large gardens and 4 balconies with new sliding doors. Main entries and all windows new in 2015, New HWT 2024 as well as plumbing upgrades & new SBS torch on roof in 2010. Newer appliances in most suites. Laundry room on site. The majority of the building has been updated and offers an onsite caretaker. Walking distance to the Ice District, NAIT, Royal Alex, Kingsway and LRT. No smoking, no pets. Fully rented with long term tenants. Rent 5 and live in one! Amazing opportunity for investor! This a great opportunity to add to your existing portfolio. (id:36938)

Calgary, Alberta

Attention smart investors, opportunity is knocking! Great development potential. A 4-plex with three 2-bedroom apartments and one 1-bedroom apartment, located right across from the Westbrook Mall in the sought-after community of Rosscarrock, Right on 37 Street SW, a block north of 17th Avenue. Near Rosscarock LRT Station and the newly opened library (walking distance), minutes’ drive to downtown. Close to parks, shopping, and all amenities. Laundry is in suite. Currently, all 4 units are rented with combined rent of $5550/month. Tenants would like to stay after ownership changes. (id:36938)

Edson, Alberta

Attention investors! Don't miss out on this amazing opportunity to generate $9900 per month in gross revenue! 2 profitable 4-Plex buildings consisting of 2 2- Bedroom units, 2 3-Bedroom units in each building. Located in a family friendly neighborhood walking distance to schools, public trails, parks and shopping makes this a prime family friendly area for attracting tenants. Each unit is finished with a galley style kitchen, dining area, spacious livingroom, 4 pc bathroom, storage room, private fenced yard/patio area, and assigned parking for 1 vehicle. Common hallway to shared storage room and washer and dryer. Upgrades over the past several years include siding, windows, paint, flooring, main sewer line replaced to the buildings and hot water tanks. Take advantage of this turnkey investment opportunity and start earning passive income today! (id:36938)

Calgary, Alberta

INVESTORS, welcome to your potentially next best-performing asset. This purpose-built fully legal four-plex sits on a massive 7200 sqft lot backing onto a permanent green space in the inner city. An impressive $69,600 annual rent and a first-year cap rate of 5.8% await a savvy investor. For more information, please click on the Brochure button below. (id:36938)