3635 & 3633 Cedarille Dr Sw, Calgary

$585,000

6 Beds
0 Baths
1,914 Sqft
.13 Acres
0 Garages

Attention investors! Rare multi-unit property in SW Calgary with value-add upside. Single-title duplex that can easily generate free cash flow with a 20% down payment and conventional financing. Gross rental income is $2,750/month. Renters pay own utilities. Positive cash flow is hard to find in the Calgary market, don’t miss this rare opportunity to own a lucrative multi-unit investment property. Excellent tenants on both sides with fixed-term leases in place and interest to stay long term. The aspiring landlord’s rental income is de-risked and secure into the future. Property is easy to keep rented, located on Cedarille Drive it is close to bus stops, schools, daycares, green space, and a convenient strip mall. Property is in good rental condition; clean and safe, with good bones. Increase your cap rate in the future with easy upgrades, or continue renting the property as is. Future Calgary ring road is adjacent to Cedarbrae just off Anderson Road, great for future commutes downtown. See feature sheet

Essential Information
MLS® #C4286238
Price$585,000
Bedrooms6
Bathrooms0.00
Square Footage1,914
Acres0.13
Year Built1977
TypeAttached
Sub-TypeDuplex
Style4 Level Split
StatusActive
Community Information
Address3635 & 3633 Cedarille Dr Sw
AreaCalgary
SubdivisionCedarbrae
CityCalgary
ProvinceAlberta
Postal CodeT2W 3J4
Amenities
FeaturesDeck
Parking Spaces4
ParkingNo Assigned Parking
Interior
HeatingNatural Gas, Forced Air-2
Has BasementYes
BasementPartly Finished
FireplaceYes
FireplacesWood Only
Exterior
ExteriorBrick, Vinyl
RoofAsphalt Shingles
ConstructionWood Frame
FoundationConcrete
Exterior Features

Fenced, Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby

Listing Details
OfficeRE/MAX LANDAN REAL ESTATE

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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on February 21st, 2020 at 6:00am MST.

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