419 Huntsville Cres Northwest, Calgary, AB T2K 4W3
About this home
* * INVESTOR ALERT! * * An exceptional opportunity to own a * * fully rented 4-unit income property with additional garage revenue * * at * * 419 Huntsville Crescent NW * * . Offering approximately * * 3,845 SQ FT of total developed living space * * , this property features * * 2 main-floor units, 2 basement units, plus a double detached garage rented separately * * , creating multiple income streams from one outstanding investment. 8600 SQFT LOT SIZE!! The * * two main-floor units are 938 SQ FT each * * and offer functional, spacious layouts designed for comfortable everyday living. Each unit features * * 3 bedrooms * * , including a generous primary bedroom, a full bathroom, private laundry/mechanical area, kitchen, dining room, spacious living room and its own * * private deck * * . The well-planned layouts maximize usable living space while providing each tenant with a completely self-contained residence. The * * two basement units are 889 SQ FT each * * and provide equally impressive layouts. Each basement unit features * * 3 bedrooms * * , a full bathroom, kitchen, dining area, spacious living room and its own dedicated laundry/mechanical area. With a total of * * 12 bedrooms across the four residential units * * , this property offers excellent rental flexibility and strong income-producing potential. Best of all, the property is currently * * FULLY RENTED and generating income from day one! * * The * * 2 main-floor units rent for $1,600/month each * * , producing * * $3,200/month * * . The * * 2 basement units rent for $1,500/month each * * , producing another * * $3,000/month * * . The * * double detached garage is separately rented for $350/month * * , adding another valuable income stream. Combined, the property currently generates * * $6,550 in gross monthly rental income or $78,600 in gross annual rental income * * . Annual property taxes are approximately * * $6,649.90 * * . Another major advantage for investors is the utility setup. * * ALL 4 RESIDENTIAL UNITS HAVE SEPARATE UTILITY METERS, AND TENANTS PAY THEIR OWN UTILITIES * * , help ing reduce the owner's ongoing operating expenses and making the property easier to manage. The separately rented * * double detached garage generates an additional $4,200 annually * * , maximizing the property's income potential beyond the four residential units. With * * 4 self-contained residences, 12 total bedrooms, separate laundry facilities, separate utility meters, tenant-paid utilities, additional garage income and established tenants already in place * * , this property has all the ingredients of a strong investment opportunity. Whether you're expanding an existing real estate portfolio or searching for a multi-unit property with multiple established revenue streams, * * 419 Huntsville Crescent NW offers an attractive combination of consistent income, functionality and long-term investment potential. * * A rare * * TURNKEY INVESTMENT OPPORTUNITY * * generating * * $78,600 in current gross annual rental income! * * (id:51075)