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A.J Paima Realtor

ajmalpaima@gmail.com +1(403) 612-8285

$ 595,000

Est. payment | -/mo

2,400 SqFt

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$ 595,000

Est. payment | -/mo

Save

2,400 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $247

MLS® Listing ID A2325910

Year Built 1980

Annual Tax Amount $6,741

Tax Year 2026

Property Sub-Type 4 plex

Source Calgary

Property Description

Welcome to your new investment opportunity. This fully occupied 4-plex with fixed term leases in place will properly reward you. The building contains 4 - 3 BR , 1 1/2 BA suites. Each offers a full kitchen, dining area, living room, 1/2 bath and a storage room on the main floor, along with 3 BR, a full bathroom, mechanical room and laundry area downstairs. 3 suites are unfurnished and one has just been furnished with all new furniture! There are patio doors leading from the main floor living space onto the outdoor balconies. The suites are designed in a bi-level format, with the living space upstairs on the main floor and the bedrooms downstairs on the lower level. Two units face the street and the other two face the back yard. 5 paved parking stalls are located to the front of the building, coming directly off the street. The building was built in 1980 and is constructed of wood framing and a PWF foundation. It is a wood-sided building with asphalt shingles on the roof. Each of the units has a gas furnace and hot water heater. RENOVATIONS: All 4 suites have had many updates. These renos include new paint, new vinyl plank flooring, bathroom updates, 2 new high-efficiency furnaces, 3 new hot water heaters and all 4 new balconies. Additionally, various appliance upgrades were installed within the last two years including washers, dryers, stove, all new electrical panel upgrades in all four suites, exterior doors, interior doors and so one for more than 30.000 dollars in upgrades. 3 suites are rented unfurnished and the tenants pay their own heat, hot water and electricity and the on unti is rented furnished, with the owner paying utilities. The owner pays the monthly water and sewer costs. Current gross return on investment: 13.31%. Net return on investment: 9.28% (based on 79200.- annual income - 23940.- projected expenses)

Location

State AB

County Greenview No. 16, M.d. Of

Zoning R3

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Flooring Laminate

Inclusions None

Appliance Refrigerator, Stove(s), Washer/Dryer, Window Coverings

Exterior

Parking Features Parking Pad, Plug-In, Stall

Roof Type Asphalt Shingle

Porch Balcony(s)

Total Parking Spaces 5

Building

Foundation Preserved Wood

Structure Type Wood Frame

Others

Restrictions None Known

Tax ID 57599218

Ownership Private

Listed by eXp Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 612-8285

ajmalpaima@gmail.com

709 Hammond DR S Fox Creek, AB T0H1P0

A.J Paima Realtor

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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709 Hammond DR S