419 Huntsville Crescent NW
Calgary, Alberta
MLS® A2344457
$1,199,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2344457
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1971
1 / 50Listing description
**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! **
Property summary
- MLS® number
- A2344457
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 1,984 sq ft
- Title
- Freehold
- Land size
- 799 square meters
- Built in
- 1971
- Annual property taxes
- $6,649.00
- Parking
- 2 spaces · Detached Garage
- Days on market
- 6 days
Features & details
- Heating
- Forced air, Natural gas
- Appliances
- Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer
What would this home cost you?
Based on the $1,199,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Real Broker, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.