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Property Details (Calgary, AB)

Title

NEWLY RENOVATED INNER CITY PROPERTY FOR SALE

  
Asking Price Please contact
Contact Info 403-668-8686
Property Description
Price $349,900.00
Bedrooms (#) 3 bedrooms
Bathrooms (#) 2 bathrooms
Size (sqft) 900


This newly renovated inner city property is now up for sale and is an excellent cash flow generator! This property will generate $2,000 a month in income and will cash flow nicely even with only 5% down.

Property features:

- Built in 1952
- 60 wide lot
- Main floor has two bedrooms and 1 full bathroom
- Legal Basement Suite has 1 bedroom and 1 full bathroom
- Large kitchen that has been completely redone. New paint, flooring, cabinets, countertop and appliances.
- New stairs outside that lead to the main entrance
- All new doors for the exterior and some new doors on the interior
- All new windows in the front of the house and sides
- Furnace and hot water tank are only a year old
- New laminate flooring throughout the living room and bedrooms on the main floor
- New lino flooring in kitchen and bathroom on the main floor
- All new light fixtures throughout
- House has been painted entirely throughout the main floor both walls and ceilings
- New light switches, plates and plugs in every room
- Property taxes are $1,600 a year
- Tenants take care of the utilities, split 60/40
- Storage area attached to the house that used to be the old shop is being rented to the tenant for $200 a month
- Tenant has lived in the basement suite for 19 years and almost 20 years now and is staying and likes the house. He is moving upstairs to the main floor and will be paying $1,000 month for rent. He has been a very good tenant for the time we have had him and always pays on time.
- Basement suite is fully renovated as well
- Basement suite will rent for $700 a month
- Basement suite is legal and the property is zoned correctly for it

Do not hesitate to own this wonderful cash flow generator in a prime rental area!

Contact us today

403-668-8686 or email
djsrealestatesolutions@shaw.ca
DJS Real Estate Solutions
www.djsresolutions.com
Map
Address: Calgary
Posted Date 2010-02-16 20:41:24(GMT)
Last Modified 2010-02-16 20:41:24(GMT)
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