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Fantastic opportunity to own a fully renovated multi-family investment property in the heart of Richmond—just steps from transit, shops, and amenities. This property features five total units, each offering 1 bedroom and 1 bathroom. Currently, four of the five units are rented, generating a strong monthly income of $5,725 ($68,700 annually), with leases in place for all rented suites. With the additional of Unit E into the rental pool, monthly rent could go up to at least $6,725 ($80,700 annually). Each unit underwent a full renovation, ensuring low maintenance and modern appeal for years to come. Recent upgrades include a new roof, new sliding doors, newly paved parking area, automated heating and alarm systems, newer hot water heater, and newer furnaces. The property also includes a detached accessory building/shop offering additional rental income potential. An ideal turn-key revenue property in one of Calgary’s most desirable inner-city neighbourhoods! (id:25325)
| MLS® Number | A2268473 |
| Property Type | Multi-family |
| Community Name | Richmond |
| Parking Space Total | 7 |
| Plan | 5661o |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1949 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Exterior Finish | Stucco |
| Stories Total | 2 |
| Size Interior | 2,131 Ft2 |
| Total Finished Area | 2130.7 Sqft |
| Type | Apartment |
| Other |
| Acreage | No |
| Size Irregular | 580.00 |
| Size Total | 580 M2|4,051 - 7,250 Sqft |
| Size Total Text | 580 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-c1 |
https://www.realtor.ca/real-estate/29061855/abcde-1917-24-street-sw-calgary-richmond
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