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)

Calgary, Alberta

Spectacular Legaly Suited Duplex Montgomery. This property has been extensively updated. 1805 is the owners unit and has one large master bedroom on the main floor and 2 additional bedrooms in the lower level. The Chefs Kitchen has Café Brand Appliance (by GE), including Refrigerator, built in WALL OVEN and MICROWAVE, Dishwasher with custom panel, JENN- AIR Cook top, COPPER SINK, and much more. The 1803 Side is Legally Suited (sticker number 9950) Each unit has their own Laundry Facilities, and separate meters so the TENANTS PAY all their own Utilities. The back yard has a newer double garage with parking on either side of the garage. This building it self has a higher slope roof than typical duplexes so it allows for the use of Asphalt SHINGLES for more affordable roof replacement.. This also provides an attic space so it is more energy efficient. This Investment property is a must have, call today. View the website for a complete list of renovations. (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)

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.(Note measurements for suite are inside paint to paint surfaces) 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)