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Justin Havre

Real Estate Advisor

  • Office 403.217.0003
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1427 18 Street, Didsbury, Alberta – $1,450,000

  • $1.5M Price
  • 9,604 Sqft
  • .61 Acres
  • 133 DOM
  • $1.5M Price
  • 9,604 Sqft
  • .61 Acres
  • 133 DOM

1427 18 Street

Didsbury is a great small town only 30 minutes from Airdrie and well within commuting distance of North of Calgary. This is a well-maintained CASH FLOWING multi-family property consisting of 2 buildings with 4 Townhouses and 1 bi-level in each building for a total of 10 rentable units. The townhouses are 3 bedrooms and 1.5 bathrooms and the bi-levels also have 3 bedrooms (below grade) and 1.5 bathrooms. Each unit has 2 parking stalls out front and a fenced yard. The property is fully rented with a very low turnover. Most units are inhabited by long-term tenants. Each unit has its own furnace and hot water heater so running expenses are very low. Shingles and windows are newer with recent vinyl siding and stucco exterior making for ease of maintenance. The property manager lives on-site and deals with most minor maintenance issues. Rents have been historically lower than the market average making a higher cash flow possible when rents are brought into line with market conditions.

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Essential Information

  • MLS® #A2066985
  • Price$1,450,000
  • Bathrooms0.00
  • Square Footage9,604
  • Lot SQFT26,520
  • Year Built1978
  • TypeMulti-Family
  • Sub-TypeRow/Townhouse
  • Style2 Storey, Bi-Level
  • StatusPending

Community Information

  • Address1427 18 Street
  • SubdivisionNONE
  • CityDidsbury
  • ProvinceAlberta
  • Postal CodeT0M 0W0

Amenities

  • Parking Spaces20
  • ParkingOff Street, Parking Pad

Interior

  • HeatingForced Air, Natural Gas
  • CoolingNone
  • Has BasementYes
  • Basement DevelopmentFull
  • Basement TypeFull

Appliances

Electric Stove, Range Hood, Refrigerator, Washer/Dryer

Exterior

  • RoofAsphalt Shingle
  • FoundationPoured Concrete

Construction

Stucco, Vinyl Siding, Wood Frame

Additional Information

  • ZoningR-2

Listing Details

  • OfficeRE/MAX FIRST

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Listing information last updated on November 29th, 2023 at 8:00am MST.

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