3222/3224 14 Street NW, Calgary

$1,275,000 · 8 Bed 4 Bath

3222/3224 14 Street NW, Calgary — photo 13222/3224 14 Street NW, Calgary — photo 23222/3224 14 Street NW, Calgary — photo 33222/3224 14 Street NW, Calgary — photo 43222/3224 14 Street NW, Calgary — photo 53222/3224 14 Street NW, Calgary — photo 63222/3224 14 Street NW, Calgary — photo 73222/3224 14 Street NW, Calgary — photo 83222/3224 14 Street NW, Calgary — photo 9

About this property

An exceptional turnkey investment opportunity generating over $95K gross income in the highly sought-after community of Rosemont. This fully renovated fourplex offers four self contained units, each featuring two spacious bedrooms, a full bathroom, separate laundry, and modern finishes (including new windows) completed in 2022. With fully legal basement suites and low-maintenance interiors, this property is designed to maximize cash flow while minimizing ongoing upkeep. Ideally situated with easy access to downtown Calgary, SAIT, and the University of Calgary, the location consistently attracts a strong tenant pool, helping to ensure stable occupancy year after year. Residents will appreciate the unique setting backing onto green space and fronting directly onto Confederation Park Golf Course, providing attractive views and a desirable lifestyle rarely found in income properties. Currently generating $7,950 per month in rental income and offering an approximate 5.2% cap rate, this is a compelling opportunity for investors seeking a well-positioned asset with strong income potential in one of Calgary’s most established and desirable inner-city communities. (id:66939)

Property details

Price
$1,275,000
Bedrooms
8
Bathrooms
4
Living area
1,806 square feet
Lot size
641 square meters
Parking
4
Year built
1958
Property type
Multi-family
Basement
Finished, Full, Separate entrance, Suite
MLS® number
A2344278

Location

Map showing the location of 3222/3224 14 Street NW, Calgary

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Source board: Calgary Real Estate Board.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.