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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
70 days on market

Quick Summary

  • Spacious duplex units with nearly 950 sq ft each
  • Illegal basement suites provide additional income
  • Long-term tenants with low rents below market rates
  • Opportunity to renovate and increase rental rates
  • Separate garages that can be rented out
  • Building has had significant updates in recent years
  • Potential to live in one unit and rent the others
  • Easy to show with a little notice

This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal 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... Show More

This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal 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 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. EASY TO SHOW WITH A LITTLE NOTICE. (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
October 9, 2024
Brokerage
RE/MAX Real Estate (Central)
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