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1427 18 ST Didsbury, AB T0M 0W0
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Key Details
Sold Price $1,270,000
Property Type Multi-Family
Sub Type Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 9,604 sqft
Price per Sqft $132
MLS® Listing ID A2066985
Sold Date 01/31/24
Style 2 Storey,Bi-Level
Originating Board Calgary
Year Built 1978
Annual Tax Amount $10,017
Tax Year 2023
Lot Size 0.609 Acres
Acres 0.61
Property Description
Didsbury is a great small town only 30 minutes from Airdrie and well within commuting distance of North of Calgary. This is a well-maintained CASH FLOWING multi-family property consisting of 2 buildings with 4 Townhouses and 1 bi-level in each building for a total of 10 rentable units. The townhouses are 3 bedrooms and 1.5 bathrooms and the bi-levels also have 3 bedrooms (below grade) and 1.5 bathrooms. Each unit has 2 parking stalls out front and a fenced yard. The property is fully rented with a very low turnover. Most units are inhabited by long-term tenants. Each unit has its own furnace and hot water heater so running expenses are very low. Shingles and windows are newer with recent vinyl siding and stucco exterior making for ease of maintenance. The property manager lives on-site and deals with most minor maintenance issues. Rents have been historically lower than the market average making a higher cash flow possible when rents are brought into line with market conditions.
Location
Province AB
County Mountain View County
Zoning R-2
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling None
Appliance Electric Stove, Range Hood, Refrigerator, Washer/Dryer
Exterior
Garage Off Street, Parking Pad
Garage Description Off Street, Parking Pad
Roof Type Asphalt Shingle
Total Parking Spaces 20
Building
Foundation Poured Concrete
Architectural Style 2 Storey, Bi-Level
Structure Type Stucco,Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 83832184
Ownership Private
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