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$ 1,199,900
Est. payment | /mo
1,984 SqFt
$ 1,199,900
Est. payment | /mo
1,984 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1984.49
Square Footage 1,984 sqft
Price per Sqft $604
Subdivision Huntington Hills
MLS Listing ID A2344457
Year Built 1971
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type 4 plex
Property Description
**INVESTOR ALERT!** An exceptional opportunity to own a **fully rented 4-unit income property with additional garage revenue** at **419 Huntsville Crescent NW**. Offering approximately **3,845 SQ FT of total developed living space**,this property features **2 main-floor units,2 basement units,plus a double detached garage rented separately**,creating multiple income streams from one outstanding investment. 8600 SQFT LOT SIZE!!
The **two main-floor units are 938 SQ FT each** and offer functional,spacious layouts designed for comfortable everyday living. Each unit features **3 bedrooms**,including a generous primary bedroom,a full bathroom,private laundry/mechanical area,kitchen,dining room,spacious living room and its own **private deck**. The well-planned layouts maximize usable living space while providing each tenant with a completely self-contained residence.
The **two basement units are 889 SQ FT each** and provide equally impressive layouts. Each basement unit features **3 bedrooms**,a full bathroom,kitchen,dining area,spacious living room and its own dedicated laundry/mechanical area. With a total of **12 bedrooms across the four residential units**,this property offers excellent rental flexibility and strong income-producing potential.
Best of all,the property is currently **FULLY RENTED and generating income from day one!** The **2 main-floor units rent for $1,600/month each**,producing **$3,200/month**. The **2 basement units rent for $1,500/month each**,producing another **$3,000/month**. The **double detached garage is separately rented for $350/month**,adding another valuable income stream.
Combined,the property currently generates **$6,550 in gross monthly rental income or $78,600 in gross annual rental income**. Annual property taxes are approximately **$6,649.90**.
Another major advantage for investors is the utility setup. **ALL 4 RESIDENTIAL UNITS HAVE SEPARATE UTILITY METERS,AND TENANTS PAY THEIR OWN UTILITIES**,helping reduce the owner's ongoing operating expenses and making the property easier to manage.
The separately rented **double detached garage generates an additional $4,200 annually**,maximizing the property's income potential beyond the four residential units.
With **4 self-contained residences,12 total bedrooms,separate laundry facilities,separate utility meters,tenant-paid utilities,additional garage income and established tenants already in place**,this property has all the ingredients of a strong investment opportunity. Whether you're expanding an existing real estate portfolio or searching for a multi-unit property with multiple established revenue streams,**419 Huntsville Crescent NW offers an attractive combination of consistent income,functionality and long-term investment potential.** A rare **TURNKEY INVESTMENT OPPORTUNITY** generating **$78,600 in current gross annual rental income!**
The **two main-floor units are 938 SQ FT each** and offer functional,spacious layouts designed for comfortable everyday living. Each unit features **3 bedrooms**,including a generous primary bedroom,a full bathroom,private laundry/mechanical area,kitchen,dining room,spacious living room and its own **private deck**. The well-planned layouts maximize usable living space while providing each tenant with a completely self-contained residence.
The **two basement units are 889 SQ FT each** and provide equally impressive layouts. Each basement unit features **3 bedrooms**,a full bathroom,kitchen,dining area,spacious living room and its own dedicated laundry/mechanical area. With a total of **12 bedrooms across the four residential units**,this property offers excellent rental flexibility and strong income-producing potential.
Best of all,the property is currently **FULLY RENTED and generating income from day one!** The **2 main-floor units rent for $1,600/month each**,producing **$3,200/month**. The **2 basement units rent for $1,500/month each**,producing another **$3,000/month**. The **double detached garage is separately rented for $350/month**,adding another valuable income stream.
Combined,the property currently generates **$6,550 in gross monthly rental income or $78,600 in gross annual rental income**. Annual property taxes are approximately **$6,649.90**.
Another major advantage for investors is the utility setup. **ALL 4 RESIDENTIAL UNITS HAVE SEPARATE UTILITY METERS,AND TENANTS PAY THEIR OWN UTILITIES**,helping reduce the owner's ongoing operating expenses and making the property easier to manage.
The separately rented **double detached garage generates an additional $4,200 annually**,maximizing the property's income potential beyond the four residential units.
With **4 self-contained residences,12 total bedrooms,separate laundry facilities,separate utility meters,tenant-paid utilities,additional garage income and established tenants already in place**,this property has all the ingredients of a strong investment opportunity. Whether you're expanding an existing real estate portfolio or searching for a multi-unit property with multiple established revenue streams,**419 Huntsville Crescent NW offers an attractive combination of consistent income,functionality and long-term investment potential.** A rare **TURNKEY INVESTMENT OPPORTUNITY** generating **$78,600 in current gross annual rental income!**
Location
Province AB
County 0046
Area Cal Zone N
Zoning M-C1
Direction NW
Interior
Heating Forced Air, Natural Gas
Fireplace No
Appliance Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer
Exterior
Parking Features Double Garage Detached
Garage Spaces 2.0
Total Parking Spaces 2
Garage Yes
Building
Dwelling Type Four Plex
Others
Restrictions None Known
Listed by Real Broker
Nearby Locations
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