Rosemont
FOR SALE
$1,300,000
PURCHASE PRICE
3222/3224 14 Street NW, Calgary · T2K1H8
4 PLEX · 1,806 SQFT · BUILT 1958
MLS A2339344 · 0 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
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.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
INTERIOR
- LIVING AREA (SQFT)
- 1,806
- APPLIANCES
- See Remarks
- FLOORING
- Carpet · Laminate · Linoleum · Tile
- BASEMENT
- Full
- BASEMENT DEVELOPMENT
- Finished
BUILDING
- TYPE
- 4 plex
- STYLE
- Attached-Side by Side · Bungalow
- YEAR BUILT
- 1958
- CONSTRUCTION
- Aluminum Siding · Wood Frame
- ROOF
- Asphalt Shingle
- FOUNDATION
- Poured Concrete
PARKING
- GARAGE SPACES
- 2
- TOTAL PARKING
- 4
- PARKING
- Double Garage Detached
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 6,899
- LOT SIZE (ACRES)
- 0.16
- LOT
- Back Lane · Back Yard · Backs on to Park/Green Space · Greenbelt · No Neighbours Behind
COMMUNITY
- COMMUNITY
- Rosemont
- COMMUNITY FEATURES
- Park · Playground · Schools Nearby · Shopping Nearby · Sidewalks · Walking/Bike Paths
- ZONING
- R-C2
- POSTAL CODE
- T2K1H8
UTILITIES & COSTS
- HEATING
- Forced Air
- ANNUAL TAXES
- $8,046