Active

KINGSLAND

638 640 68 Avenue Sw, Calgary, AB

$1,285,000

Residential · MLS® A2313223
8Bedrooms
4Bathrooms
1,788.74Sq Ft
4Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

This is the sale of a duplex with 4 rental units in KINGSLAND. The lower level units have secondary suite approval 638 B - sticker 26267, 640 B - sticker 26266). 4 well maintained 2 BR units with an excellent rental history. All units have had ongoing upgrades as needed. Chinook Mall and MacLeod Trail amenities are close by .This is great property in a very good rental area.

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,788.74 sq ft
Lot Size7,319 sq ft
ZoningM-C1
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,547After mortgage & expenses
Cap Rate2.1%Based on market rents
Cash on Cash Return-11.9%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

KINGSLAND

Moderate Investment
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Investment Score60/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Joy Daklala · Michael Fleming Realty Corp.