224 7a Street Ne , Calgary, Alberta T2E 4E8 For sale

MLS® Number A2077957


4 Parking Space
1970 Year Built
1987.76 sqft


ATTENTION INVESTORS | FULLY RENTED | EXCELLENT REVENUE GENERATING INNER CITY 4 PLEX | AIRBNB PROFORMA- UPPER SUITES: $155 PER NIGHT & BACK SUITES: $145 PER NIGHT = $9000 PER MONTH ($108,000 PER YEAR) AT 50% OCCUPANCY | 4 SUITES | FULLY RENTED CURRENTLY FOR $61,200 PER YEAR (TENANTS PAY UTILITIES) | CLOSE TO DOWNTOWN & EASY ACCESS TO TRANSIT | This This multi-use offering fourplex is located in one of Calgary’s most sought after inner city communities, Bridgeland, in the heart & centre of Calgary. Resting amongst some of the city’s most prestigious communities such as Crescent Heights, Mount Pleasant, and Rosedale. This opportunity is on a fantastic, quiet residential street with a short walk to public transit, 10 minutes to the Downtown Core, blocks from the iconic Peter’s Drive in, Golfing, Bridgeland Shopping and quick access to Deerfoot Trail, 16th Avenue and Edmonton Trail providing connectivity to all quadrants of the City. All 4 suites each have open floor plans with 2 bedrooms, have private entrances and there is a laundry area (washer & dryer), These suites could be rented out or leased out for either a short time like Airbnb or a full time rental. Currently the asset contributes $60,000 a year but rents could have the potential to be increased to market level. It is very nicely located for both rental income as well as Airbnb. Call to know more about all the opportunities this property has to offer! (id:53286)


  • MLS® Number A2077957
  • Price $1,200,000
  • Square Footage: 1987.76 sqft
  • Property Type: Multi-Family
  • Community Name: Bridgeland/Riverside
  • Parking Space Total 4
  • Plan 4647v


Constructed Date 1970 Heating Fuel Natural Gas
Heating Type Forced Air Size Interior 1987.76 Sqft
Total Finished Area 1987.76 Sqft Type Multi-family


Parking Pad


Acreage No Size Irregular 455.00
Size Total 455 M2|4,051 - 7,250 Sqft Size Total Text 455 M2|4,051 - 7,250 Sqft
Zoning Description Dc

Agents and Offices

  • Justin Warthe
  • Kent Richardson
  • Office: RE/MAX House Of Real Estate
  • Aerial
  • Walking Score
  • Street Level
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