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946 & 948 31 Avenue NW
Cambrian Heights Calgary T2K 0A5

$1,215,000
Multi-Family 1,741 sq. ft. built: 1958

Main Photo: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
Photo 1: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
Photo 2: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
Photo 3: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
Photo 4: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
Photo 5: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
Photo 6: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
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Photo 42: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
Photo 43: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
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Photo 45: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
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Photo 48: 946 & 948 31 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2082041
Status:
Sold
Sold Date:
Nov 30, 2023
Listed Price:
$1,250,000
Sold Price:
$1,215,000
Sold in:
71 days
Prop. Type:
Multi-Family
MLS® Num:
A2082041
Year Built:
1958
This turn-key legal 4 plex has recently undergone a substantial renovation, including the legalization of both basement suites, new windows, exterior paint & landscaping, furnaces(3), water tank, roof, landscaping/yard space & two suite renovations totaling nearly $200,000 in capital expenditures since 2021. Offering a total of 7 bedrooms, 4 bathrooms & over 3300 square feet of living space over 4 units, private fenced yards, storage sheds and newly graded driveways with parking for 4 and located just one block to Confederation Park, walking paths, tennis/pickleball courts, a dog park, public transportation and just a short 7-minute commute downtown. Currently generating $8000/mth in rental income and showing a 6.4% cap rate, these opportunities simply do not present themselves often. Good standing leases in place, self-managed complex, professional tenants with exceptional location appeal.
Property Type:
Multi-Family
Property Sub Type:
Full Duplex
Transaction Type:
For Sale
Possession:
30 Days / Neg
Home Style:
Bungalow, Side by Side
Total Living Area:
1,741 sq. ft.
Below Grade Finished Area:
1,603 sq. ft.
Taxes:
$5,230.16 / 2023
Lot Area:
6,000 sq. ft.
Lot Frontage:
60'
Year built:
1958 (Age: 65)
Bathrooms:
- (Full:-, Half:-)
Plan:
0111031
Heating:
High Efficiency, Forced Air, Natural Gas
Basement:
Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Tile, Vinyl Plank
Garage:
0
Parking:
Alley Access, Gravel Driveway, Off Street, Parking Pad, Plug-In
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Unit, Multiple Locations
Cambrian Heights
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
None
None Known
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
See Remarks, Separate Entrance, Vinyl Windows
Exterior Features:
Garden, Other, Private Entrance, Private Yard
Patio And Porch Features:
Front Porch, Other, Patio
Lot Features:
Back Lane, Back Yard, Front Yard, Garden, Landscaped, Street Lighting, Near Public Transit, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-C2
Listed Date:
Sep 20, 2023
Days on Mkt:
71
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Data was last updated December 6, 2023 at 04:05 PM (UTC)

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