2412 43 Street SE, Calgary, Alberta, T2B 1H7

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$ 875,000

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Bed

Full Bath

1895

SqFt

$461

/ SqFt

Neighbourhood:

South East

Type

Multi-Family

MLS® #:

A2163308

Year Built:

1968

Days on Market:

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Schools Near By

West Dover School	3113 30 Ave SE Calgary, AB T2B 0G9
Valley View School	4105 26 Ave SE Calgary, AB T2B 0C6
Ian Bazalgette School	3909 26 Ave SE Calgary, AB T2B 0C6
Erin Woods School	25 Erin Park Dr SE Calgary, AB T2B 2Z9

Description

This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants, 7 years to almost 30 years. Rents are incredibly low and WELL UNDER market rates. Room to renovate and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. EASY TO SHOW WITH A LITTLE NOTICE.

2412 43 Street SE - Subdivision Statistics

Avg. asking price	875,000
Price per sq. ft.	461.7414

Essential Information

Listing ID	A2163308
Price	875,000
Bedrooms
Full Baths
Half Baths
Lot Features
Lot Size Acres	0.14
Year Built
Type	Multi-Family
Sub-Type	Full Duplex
Status	Active

Community Information

Address	2412 43 Street SE
City	Calgary
Latitude	51.03275201
Longitude	-113.97103254
State or Province	Alberta
Street Dir Prefix
Street Dir Suffix	SE
Zoning	R-C2
District	CAL Zone E
Postal Code	T2B 1H7
Major Change Type	Back On Market
Major Change Timestamp	2024-09-27T16:40:45.763

Amenities

Parking Spaces	4
Parking	4

Interior

Heating	Forced Air,Natural Gas
Cooling
Has Basement	Separate/Exterior Entry,Finished,See Remarks,Suite
Fireplace
Flooring	Ceramic Tile,Hardwood,Linoleum

Exterior

Exterior Features	Private Entrance
Roof	Tar/Gravel
Construction	Bi-Level,Side by Side
Foundation	Poured Concrete
Fencing
Pool Features

Additional Information

Listing key Numeric	94477091
Unit Number
Structure Type	Duplex
Direction Faces
Building Area Total
Listing Contract Date	2024-09-05

Room Dimensions

Interior Features
Bathrooms Total
Appliances	Dryer,Electric Stove,Refrigerator,Washer
Utilities
Suite
Below Grade Finished Area Units	SquareFeet

Additional Information

Days on Market	76
Public Remarks	This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have illegal suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants, 7 years to almost 30 years. Rents are incredibly low and WELL UNDER market rates. Room to renovate and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. EASY TO SHOW WITH A LITTLE NOTICE.
Standard Status	Active
Legalplan	2919HH
Levels	Bi-Level