For Sale

948, 31 Avenue NW, Alberta, Calgary

7 Beds 4 Bath 1898 Sqft

$1,250,000

About Property

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 has 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.

7 Bedrooms
4 Bathrooms
1898 sq ft
Garage
Built 1958
Active
1 Floor
Interior Details
  • Kitchen Island
  • Quartz Counters
  • Separate Entrance
  • Storage
  • Vinyl Windows
Outdoor Details
  • Private Entrance
  • Private Yard
MLS Number
248162754
Price
$1,250,000

Bedrooms
7
Bathroom
4

Square Footage
1898 sq ft
Property Type
RES

Community Name
Features
Forced Air, In Basement,Main Level,Multiple Locations

Parking Space Total
Lot Size
Bathroom Total
4
Bedrooms Total
7

Appliances
Brick,Wood Frame,Wood Siding
Cooling Type
None

Constructed Date
1958
Heating Type
Forced Air

Pool
Exterior Finish
Attached-Side by Side,Bungalow

Fireplace Present
No
Fireplace Total
0

Flooring Type
Carpet,Ceramic Tile,Vinyl
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total
1

Size Interior
1898
Total Finished Area
1898
Spaces

Details
Off Street,Parking Pad
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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