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2412 43 St SE

43 St SESoutheast CalgaryCalgaryAB, T2B 1H7

-
Beds
-
Baths
1,895
Sq. Ft.
$875,000
List Price
2412 43 St SE, Calgary, AB - 1 of 3
2412 43 St SE, Calgary, AB - 2 of 3
2412 43 St SE, Calgary, AB - 3 of 3
New
15 days on market

Quick Summary

  • Spacious duplex units with nearly 950 sq ft each
  • Existing long-term tenants with low rents below market
  • Potential to renovate suites and increase rental income
  • Separate double and single garages available for rent
  • Newer roof, furnaces and water heaters in the building
  • Opportunity to build equity through strategic renovations
  • Flexible living options - live in one unit, rent others
  • Downstairs units need updating, potential for improvement

This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have non-conforming suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants 7 years to almost 30 years. rents are incredibly low and WELL UNDER market rates.... Show More

This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have non-conforming suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants 7 years to almost 30 years. rents are incredibly low and WELL UNDER market rates. Room to renovate suites and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. No showings without an accepted offer. (id:54626)

Property Details

Size

1,895 sq. ft.
0 Beds
0 Baths

Parking

4 Parking Spaces
Detached Garage

Build

Year Built
1968
Model Name
-
Basement
Finished
Exterior
Brick, Stucco
Foundation
Poured Concrete
Builder Name
-
Stories
-
Flooring
Ceramic Tile, Hardwood, Linoleum
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
A2163308
Last Updated
September 20, 2024
Brokerage
RE/MAX Real Estate (Central)
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