403-680-6550 403-800-8443
1
$1,250,000 Sale
Listed 3 days ago
948 31 Avenue NW
· 7
· 4
· 4
· 1898
Key Facts
Key facts for 948 31 Avenue NW
Property Type
Apartment, Attached-Side by Side,Bungalow
Parking
2 Outdoor Stalls,Parking Pad , 4 parking
MLS #
A2351440
Size
1898 sqft
Basement
Full
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1958
Maintenance Fee
-
Description
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 h...as 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.
Room Types
4pc Bathroom
5`0" x 10`0"
Dimensions -
0 sqft
Bedroom
9`2" x 11`6"
Dimensions -
0 sqft
Dining Room
10`11" x 9`10"
Dimensions -
0 sqft
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Listing courtesy of: Royal LePage Benchmark