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526 & 528 56 Avenue SW Calgary, AB T2V0G7
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
EXCEPTIONAL INVESTMENT OPPORTUNITY FOR POSITIVE CASH FLOW AND LAND APPRECIATION POTENTIAL! Welcome to this well maintained 4-plex in the heart of Calgary, offering not only a reliable income stream but also the potential for substantial long-term market appreciation. The property comprises of four upright 2-storey units, each equipped with its own separate heating system. Each unit provides spacious two-bedroom living spaces on the second floor, complete with ensuite 4-piece bathrooms at each bedroom for maximum tenant comfort. The front two units feature charming private front porches, while the rear two units offer enclosed concrete patios for outdoor enjoyment. Located mere steps from Calgary's premier shopping destination, Chinook Centre, and a short walk from the C-train station, this property boasts unparalleled convenience to Macleod Trail's bustling dining and entertainment scene. Additionally, it's situated adjacent to a K-12 school, enhancing its appeal to a wide range of renters. What sets this investment apart is its exceptional combination of positive cash flow and outstanding market appreciation potential. The property already generates substantial monthly income, and with current market rents for these units on the rise, the positive cash flow has potential to grow. Furthermore, as Calgary's real estate market continues to flourish, the value of this land is poised for significant appreciation. Whether you're an experienced investor or looking to enter the market, don't miss this opportunity to invest in a cash-flowing property while benefiting from substantial long-term market appreciation in one of Calgary's most coveted neighborhoods! (id:32990)
| 2 weeks ago | Listing updated with changes from the MLS | |
| 2 weeks ago | Listing first seen online |
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