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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

709 Hammond Drive, Fox Creek

4 plex for Sale

709 Hammond Drive, Fox Creek, MLS® # A2325910
  • MLS®#: A2325910
  • Price: $595,000
  • Parking: 5
  • Status: Active
  • Year Built: 1980
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

Welcome to your new investment opportunity. This fully occupied 4-plex with fixed term leases in place will properly reward you. The building contains 4 - 3 BR , 1 1/2 BA suites. Each offers a full kitchen, dining area, living room, 1/2 bath and a storage room on the main floor, along with 3 BR, a full bathroom, mechanical room and laundry area downstairs. 3 suites are unfurnished and one has just been furnished with all new furniture! There are patio doors leading from the main floor living space onto the outdoor balconies. The suites are designed in a bi-level format, with the living space upstairs on the main floor and the bedrooms downstairs on the lower level. Two units face the street and the other two face the back yard. 5 paved parking stalls are located to the front of the building, coming directly off the street. The building was built in 1980 and is constructed of wood framing and a PWF foundation. It is a wood-sided building with asphalt shingles on the roof. Each of the units has a gas furnace and hot water heater. RENOVATIONS: All 4 suites have had many updates. These renos include new paint, new vinyl plank flooring, bathroom updates, 2 new high-efficiency furnaces, 3 new hot water heaters and all 4 new balconies. Additionally, various appliance upgrades were installed within the last two years including washers, dryers, stove, all new electrical panel upgrades in all four suites, exterior doors, interior doors and so one for more than 30.000 dollars in upgrades. 3 suites are rented unfurnished and the tenants pay their own heat, hot water and electricity and the on unti is rented furnished, with the owner paying utilities. The owner pays the monthly water and sewer costs. Current gross return on investment: 13.31%. Net return on investment: 9.28% (based on 79200.- annual income - 23940.- projected expenses)

Contact Elke Babiuk About MLS® A2325910

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Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: 4 plex
  • MLS®#: A2325910
  • Year Built: 1980
  • Total Floor Area: 2,400 sq.ft
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Community Information

  • Address: 709 Hammond Drive
  • Neighbourhood: Fox Creek
  • City: Fox Creek
  • Postal Code: T0H1P0
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interior

  • Included: None
  • Fireplace Details: For Sale
  • Basement: Full, Full
  • Floor Finish: Laminate
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exterior

  • Exterior Finish: Wood Frame
  • Construction: Wood Frame
  • Roof: Asphalt Shingle
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services & amenities

  • Parking: Parking Pad, Plug-In, Stall (5 Total Parking Spaces)
  • Heating: Forced Air,Natural Gas
  • Heating: Forced Air, Natural Gas
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$595,000

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Listing Courtesy of
eXp Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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