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1427 18 Street: Didsbury Row/Townhouse for sale : MLS®# A2066985

1427 18 Street Didsbury T0M 0W0 : Didsbury

Main Photo: 1427 18 Street: Didsbury Row/Townhouse for sale : MLS®# A2066985banner
$1,450,000
Prop. Type:
Multi-Family
MLS® Num:
A2066985
Status:
Sold
Sold Date:
Jan 31, 2024
Year Built:
1978
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.
Price:
$1,450,000
Property Type:
Multi-Family
Year Built:
1978
MLS® Num:
A2066985
Status:
Sold
Listed by RE/MAX First
Data was last updated June 15, 2024 at 10:05 AM (UTC)

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