Active
CRESCENT HEIGHTS
1607 2 Street Nw, Calgary, AB
$1,295,000
Residential · MLS® A23059398Bedrooms
7Bathrooms
2,175.92Sq Ft
4Garage
2016Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to Crescent Heights! Located in this highly sought-after community, this unique front-back duplex offers an amazing investment opportunity with a total of four self-contained units. The property features two spacious upper suites, each with three bedrooms and one bathroom, along with convenient second-floor laundry. The main floors are thoughtfully designed with open-concept living areas, including a bright living room, a well-equipped kitchen with an island, and a half bathroom.
The lower-level illegal suites, each with their own private entrance,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area2,175.92 sq ft
Lot Size2,691 sq ft
ZoningM-C1
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Parking Pad
ExteriorPrivate Entrance
BasementFull
Year Built2016
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,591After mortgage & expenses
Cap Rate2.1%Based on market rents
Cash on Cash Return-12.0%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
CRESCENT HEIGHTS
Moderate InvestmentLoading map...
Investment Score71/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Leon Fernandes · CIR Realty