Active
ROSSCARROCK
1435 38 Street Sw, Calgary, AB
$1,295,000
Residential · MLS® A23291308Bedrooms
4Bathrooms
1,921.99Sq Ft
4Garage
1961Year Built
02 / Overview
PROPERTY OVERVIEW
Positioned on a prime 50’ x 120’ West facing lot with M-C1 zoning, this full duplex offers an exceptional opportunity for investors. Four legal suites – recently fully renovated. Generate income from day one while holding the future of redevelopment opportunities as well. A turnkey investment property located in the desirable West end community of Rosscarrock - just a 5-minute drive to downtown, a quick walk to Westbrook Mall, Westbrook C-Train and lots of schools and parks....
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,921.99 sq ft
Lot Size6,243 sq ft
ZoningM-C1
HeatingForced Air
CoolingNone
ParkingQuad or More Detached
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1961
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,591After mortgage & expenses
Cap Rate2.1%Based on market rents
Cash on Cash Return-12.0%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
ROSSCARROCK
Moderate InvestmentLoading map...
Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Elise Crowe · REMAX Innovations