3222/3224 14 Street NW, Calgary, AB T2K1H8
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3222/3224 14 Street NW, Calgary, AB T2K1H8
3222/3224 14 Street NW, Calgary, AB T2K1H8
3222/3224 14 Street NW, Calgary, AB T2K1H8
3222/3224 14 Street NW, Calgary, AB T2K1H8
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Chinedum Ogboruche

Chinedum Ogboruche

+1(403) 813-6607
$ 1,275,000
Est. payment /mo
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3222/3224 14 Street NW Calgary, AB T2K1H8

8 Beds

4 Baths

1,806 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1806

Square Footage 1,806 sqft

Price per Sqft $705

Subdivision Rosemont

MLS® Listing ID A2344278

Style Bungalow

Bedrooms 8

Year Built 1958

Lot Size 6,899 Sqft

Acres 0.15839455

Property Sub-Type Freehold

Property Description

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:24570)

Location

State AB

Rooms

Kitchen 3.0

Extra Room 1 Basement 10.33 Ft x 6.33 Ft Kitchen

Extra Room 2 Basement 9.00 Ft x 6.17 Ft Dining room

Extra Room 3 Basement 12.50 Ft x 10.42 Ft Living room

Extra Room 4 Basement 14.25 Ft x 7.92 Ft Laundry room

Extra Room 5 Basement 11.33 Ft x 7.83 Ft Bedroom

Extra Room 6 Basement 11.17 Ft x 8.00 Ft Bedroom

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Tile, Vinyl Plank

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Chinedum Ogboruche

Chinedum Ogboruche

Agent

+1(403) 813-6607

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3222/3224 14 Street NW