Calgary Realtor

$1,199,900 · For Sale
419 Huntsville Crescent NW, Calgary, Alberta
1,984sq ft
799m² Lot
13Days on Market

About This Property

**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!**

Key Features

  • Built in 1971
  • Multi-Family
  • Freehold
  • Detached Garage Parking
  • Forced air, Natural gas Heat

Property Details

Community Huntington Hills
Property Type Multi-family
Building Type Multi-Family
Year Built 1971
Ownership/Title Freehold
MLS® Number A2344457

Size & Land

Finished Area 1,984 sq ft
Land Size 799 m² Lot

Building Features

Heating Forced air, Natural gas

Parking

Parking Type Detached Garage
Parking Spaces 2

Financial & Other

Property Taxes $6,649/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$5,096/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

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Listing courtesy of Real Broker · Calgary Real Estate Board
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ED
Evans Dobey
REALTOR | CIR Realty
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