3633 & 3635 CEDARILLE DR SW

Multi Unit For Sale in Cedarbrae, Calgary S

$585,000
  • 1,914 Sq. Ft.
  • Built 1977

Attention investors! Rare multi-unit property in SW Calgary with value-add upside. Single-title duplex that can easily generate free cash flow with a 20% down payment and conventional financing. Gross rental income is $2,750/month. Renters pay own utilities. Positive cash flow is hard to find in the Calgary market, don’t miss this rare opportunity to own a lucrative multi-unit investment property. Excellent tenants on both sides with fixed-term leases in place and interest to stay long term. The aspiring landlord’s rental income is de-risked and secure into the future. Property is easy to keep rented, located on Cedarille Drive it is close to bus stops, schools, daycares, green space, and a convenient strip mall. Property is in good rental condition; clean and safe, with good bones. Increase your cap rate in the future with easy upgrades, or continue renting the property as is. Future Calgary ring road is adjacent to Cedarbrae just off Anderson Road, great for future commutes downtown. See feature sheet

Address 3633 & 3635 CEDARILLE DR SW
List Price 585,000
Property Type Commercial
Type of Dwelling Multi Unit
Area Calgary S
Sub-Area Cedarbrae
Floor Area 1,914 Sq. Ft.
Year Built 1977
MLS® Number C4286579
Listing Brokerage RE/MAX LANDAN REAL ESTATE
Postal Code T2W 3J4

Request More Info or a Showing

Colin Sloan

CIR Realty

143 Oakmount Way sw Calgary AB T2V 4Z2

Mobile: (403) 620-2086

Office: (403) 620-2086

Email Directly