JN REAL ESTATE GROUP

NONE

FOR SALE

$599,000

PURCHASE PRICE

1334 23 Street , Didsbury · T0M 0W0

4 PLEX · 2,000 SQFT · BUILT 2001

MLS A2339635 · 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

INVESTOR ALERT | LEGAL 4-PLEX | POSITIVE CASH FLOW | RENTAL UPSIDE. An excellent opportunity to add a well-maintained, purpose-built multi-family property to your portfolio in the growing community of Didsbury. This four-plex features four identical bi-level corner units, each offering a private entrance, 2 bedrooms, 1 full bathroom, an open-concept kitchen, dining and living area, in-suite laundry, dedicated furnace and hot water tank, plus excellent storage. The efficient design provides approximately 2,000 sq. ft. above grade, with additional developed living space below and 8 on-site parking stalls. The building has been well maintained and benefits from a strong rental history with long-term tenants, positive net operating income and current rents below estimated market levels, providing meaningful future revenue upside. Ideally located close to Didsbury's schools, hospital, recreation facilities, parks, shopping and everyday amenities, with quick access to the QEII Highway. Didsbury is a thriving central Alberta community strategically positioned between Calgary and Red Deer, supported by a diverse regional economy and strong demand for quality rental housing. Whether you're an experienced investor expanding your portfolio or looking to enter the multi-family market, this is a compelling opportunity to acquire four income-producing units under one title.

DETAILS

TRANSACTION

TRANSACTION
For Sale

INTERIOR

LIVING AREA (SQFT)
2,000
FEATURES
Open Floorplan · Pantry
APPLIANCES
Electric Stove · Refrigerator · Washer/Dryer · Window Coverings

BUILDING

TYPE
4 plex
YEAR BUILT
2001
NEW CONSTRUCTION
No
CONSTRUCTION
Vinyl Siding · Wood Frame
ROOF
Asphalt Shingle
FOUNDATION
Poured Concrete

PARKING

TOTAL PARKING
8
PARKING
Alley Access · On Street · Parking Lot

LOT & EXTERIOR

LOT SIZE (SQFT)
7,750
LOT SIZE (ACRES)
0.18
EXTERIOR
Private Entrance

COMMUNITY

COMMUNITY
NONE
ZONING
R-2
POSTAL CODE
T0M 0W0

UTILITIES & COSTS

ANNUAL TAXES
$5,034

LISTING COURTESY OF TOM ARMSTRONG · REMAX INNOVATIONS

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.