INVESTOR ALERT! 4.7% CAP RATE, CASHFLOW ZONE IS 10%, ROI IS 22%. This completely renovated property is located in the heart of the City, in the trendy community of Ramsay. The two lower apartments are listed as illegal, but with Calgary's new secondary suite application process, it makes the property even more desirable for legalization. Numerous upgrades include upgraded plumbing and electrical throughout, brand new kitchens and bathrooms along with wired in smoke detectors and exterior surveillance system. The units are currently being used as short term executive rentals. It's a short walk to all the amenities you and your guests could want, including the future Inglewood/Ramsay green line station. A must see!
Address |
2113 9 ST SE |
List Price |
$749,900 |
Property Type |
RES |
Type of Dwelling |
Detached |
Style of Home |
Bi-Level |
Area |
Calgary CC |
Sub-Area |
Ramsay |
Bedrooms |
5 |
Bathrooms |
3 |
Floor Area |
1,201 Sq. Ft. |
Year Built |
1959 |
MLS® Number |
C4198742 |
Listing Brokerage |
REAL ESTATE PROFESSIONALS INC.
|
Basement Area |
Finished |
Postal Code |
T2G 3B7 |
Site Influences |
Back Lane, Near Golf Course, Low Maintenance Landscape, Landscaped, Near Shopping Center, Playground, Pool, See Remarks, Near Public Transit |