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Data was last updated 2025-11-04 at 12:40:04 GMT
Fantastic opportunity to own a fully renovated multi-family investment property in the heart of Richmond?just steps from transit, shops, and amenities. This property features five total units, each offering 1 bedroom and 1 bathroom. Currently, four of the five units are rented, generating a strong monthly income of $5,725 ($68,700 annually), with leases in place for all rented suites. With the additional of Unit E into the rental pool, monthly rent could go up to at least $6,725 ($80,700 annually). Each unit underwent a full renovation, ensuring low maintenance and modern appeal for years to come. Recent upgrades include a new roof, new sliding doors, newly paved parking area, automated heating and alarm systems, newer hot water heater, and newer furnaces. The property also includes a detached accessory building/shop offering additional rental income potential. An ideal turn-key revenue property in one of Calgary?s most desirable inner-city neighbourhoods!
Listing Information
- Prop. Type:
- Apartment
- Status:
- Active
- City:
- Calgary
- Neighbourhood:
- Richmond
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2268473
- Listing Price:
- $999,900
General Information
- Year Built:
- 1949
- Total Square Feet:
- 2131ft2
Additional Information
- Basement Dev:
- Full
- Parking:
- Off Street, Stall
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This property is listed by RE/MAX House of Real Estate and provided here courtesy of
Carmelle Smutko.
For more information or to schedule a viewing please contact Carmelle Smutko.
Carmelle Smutko
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.