948 31 Avenue NW
Cambrian Heights, Calgary · Other · MLS® A2351440
About this home
Capitalize on a turnkey, revenue-generating INCREDIBLE investment property. This full duplex features 4 fully legal suites that currently collectively generate over $8,000 / month in gross rental income, backed by an exceptional tenant profile & strong leases. Within the last 5 years, the property has undergone nearly $200,000 in comprehensive capital renovations. Major upgrades include two high-end basement legalizations (to make legal suites), updated mechanical systems (3 furnaces & water heater), a newer roof, energy-efficient windows, fresh exterior aesthetics, and optimized outdoor amenities featuring private fenced yards and graded four-car parking. Spanning over 3,300 sq ft across 7 bedrooms and 4 bathrooms, the complex already has excellent tenants in place. Its positioning just one block from Confederation Park & minutes from downtown ensures perpetual high demand and minimal vacancy. With all major heavy lifting completed, this self-managed asset presents a seamless, high-yield expansion opportunity for any real estate portfolio.
Features
- Parking Pad
- Forced air
- Washer
- Refrigerator
- Range - Electric
- Dishwasher
- Dryer
- Microwave Range Hood Combo
- Hood Fan
- See remarks
- Window Coverings
- Finished
Location
948 31 Avenue NW · Cambrian Heights, Calgary