Active
FOREST LAWN
2231 48 Street Se, Calgary, AB
$770,000
Multi-Family · MLS® A22952141,917Sq Ft
5Garage
1971Year Built
02 / Overview
PROPERTY OVERVIEW
Wake up investors .Lowest price legal 4 plex , On a huge Corner lot ,All 4 units with 3 good size bedrooms , one bath, with separate furnaces,separate laundries and separate entrances.All units need some work.It is reflected in the price,So basically all units are sold in as is conditions. Units 2229 a and b are rented with long term tenants,willing to stay, no intention to move out they have been living there more than 10+ years. Each...
03 / Details
PROPERTY DETAILS
Property TypeMulti-Family
Building TypeFour Plex
Total Finished Area1,917 sq ft
Lot Size7,685 sq ft
ZoningM-C1
Parking5 Car Garage
Year Built1971
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$161After mortgage & expenses
Cap Rate4.2%Based on market rents
Cash on Cash Return-1.3%With 20% down payment
Est. Monthly Rent$3,355Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
FOREST LAWN
Moderate InvestmentLoading map...
Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Darshan Sidhu · Royal LePage METRO