INVESTOR ALERT | LEGAL 4-PLEX | POSITIVE CASH FLOW | RENTAL UPSIDE. An excellent opportunity to add a well-maintained, purpose-built multi-family property to your portfolio in the growing community of Didsbury. This four-plex features four identical bi-level corner units, each offering a private entrance, 2 bedrooms, 1 full bathroom, an open-concept kitchen, dining and living area, in-suite laundry, dedicated furnace and hot water tank, plus excellent storage. The efficient design provides approximately 2,000 sq. ft. above grade, with additional developed living space below and 8 on-site parking stalls. The building has been well maintained and benefits from a strong rental history with long-term tenants, positive net operating income and current rents below estimated market levels, providing meaningful future revenue upside. Ideally located close to Didsbury's schools, hospital, recreation facilities, parks, shopping and everyday amenities, with quick access to the QEII Highway. Didsbury is a thriving central Alberta community strategically positioned between Calgary and Red Deer, supported by a diverse regional economy and strong demand for quality rental housing. Whether you're an experienced investor expanding your portfolio or looking to enter the multi-family market, this is a compelling opportunity to acquire four income-producing units under one title.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Total Living Area:
1,999.75 sq. ft.186 m2
Below Grade Finished Area:
2,023.03 sq. ft.188 m2
Lot Area:
7,750 sq. ft.720 m2
Lot Frontage:
50'2¾"15.3 m
Year built:
2001
(Age: 25)
Bathrooms:
-
(Full:-, Half:-)
Plan:
4162O
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Garage:
No
Parking:
Alley Access, On Street, Parking Lot
Parking Places:
8
Parking Total/Covered:
8 /
-
Electric Stove, Refrigerator, Washer/Dryer, Window Coverings
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