1520 34 Avenue Sw, Calgary

$1,199,900

0 Beds
0 Baths
1,979 Sqft
.14 Acres
0 Garages

A fantastic opportunity to own an investment property in trendy Marda Loop with long-term tenants!

This well-maintained gravel roofed building (~3830 square feet total) boasts 4 identical and spacious (~950 square feet) 2-bedroom units, each with its own private entrance, full bathroom, brick faced wood burning fireplace, convenient in-suite laundry, storage, dedicated furnace and hot water tank, as well as paved and assigned off-street parking at the rear. The lower units are both walkouts providing plenty of natural south light, while the upper units have expansive balconies all shielded from the street by mature trees.

Location is everything. Residents here enjoy being steps away from trendy boutiques, independent shops, bars, unique cafés and incredible restaurants. Grocery shopping and errands couldn't be easier with Safeway, Calgary Co-op, and several farmer's markets nearby. The area is equally rich in top-rated schools, parks and recreational spaces and is a short commute to downtown.

All units are currently rented and the property generates an impressive ~$75,000 of income per year. Tenants pay their own utilities with each unit having its own meters.

This MC-1 zoned 75’ x 80’ lot has options both now and in the future.

Essential Information
MLS® #A2204641
Price$1,199,900
Bathrooms0.00
Square Footage1,979
Acres0.14
Year Built1974
TypeMulti-Family
Sub-Type4 plex
StyleOther
StatusActive
Community Information
Address1520 34 Avenue Sw
SubdivisionSouth Calgary
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2T2A9
Amenities
Parking Spaces4
ParkingParking Pad
Interior
CoolingNone
Has BasementYes
BasementFinished, Full
FireplaceYes
# of Fireplaces4
Appliances

Dryer, Refrigerator, Stove(s), Washer

Heating

Fireplace(s), Natural Gas, Sep. HVAC Units, Separate Water Heaters, Wood

Fireplaces

Living Room, Wood Burning, Brick Facing

Exterior
Exterior FeaturesPrivate Entrance
Lot Description

Back Lane, Front Yard, Square Shaped Lot

Construction

Concrete, Stucco, Wood Frame, Wood Siding

Additional Information
ZoningM-C1
Listing Details
OfficeGreater Property Group
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.