1,957 sqft
Bungalow
Forced Air
Landscaped
$1,399,999
Rare 4 unit Full Duplex on the largest lot in Rosemont (11,485 SF) delivering exceptional cash flow today and a premier redevelopment play tomorrow. You cannot beat $135,000 of annual gross revenue, creating $70,000 of net operating income. Plus a detached triple garage, sitting on one of the most coveted crescents in this premiere inner-city NW community.14 Rosetree is built for investors: two long-term tenancies (with excellent tenants who would like to stay) provide base income (in the main floor unit and the non-confoming basement suite of 14A Rosetree), while two fully furnished short-term rentals (14 Rosetree, unit #1 [main floor] and unit #2 [legalized basement suite]) create significant positive cash flow. 2025 net operating income of $70,725 on $135,108 gross revenue, a 5.05% cap rate, and a turnkey operating system in place. The current owner/managers are Airbnb Super Hosts & VRBO Premier Hosts and can provide the prospective buyer the blueprint to manage this property with automated systems. Over $130,000 in capital improvements completed since 2022, including a completely renovated and legalized basement suite. The real enduring value is the land. At 11,485 SF, this is basically two full city lots and one of the rare inner-city parcels that supports future redevelopment into two luxury homes, offering long-term optionality that few cash-flowing assets can match.Unbeatable location minutes from Confederation Park, SAIT, Foothills Hospital, University of Calgary and downtown, with the airport roughly 20 minutes via Deerfoot.Cash flow now. Redevelopment later. A truly rare inner-city hold. Please view video and 3D property tour to get a sense of all the units. (id:52784)
Property Details
|
MLS® Number
|
A2332942 |
|
Property Type
|
Multi-family |
|
Community Name
|
Rosemont |
|
Amenities Near By
|
Golf Course, Park, Schools, Shopping |
|
Community Features
|
Golf Course Development |
|
Features
|
Cul-de-sac, Back Lane, Wood Windows, Pvc Window, Level |
|
Parking Space Total
|
5 |
|
Plan
|
5488hm |
|
Structure
|
Deck |
Building
|
Appliances
|
Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Washer & Dryer |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1959 |
|
Construction Style Attachment
|
Attached |
|
Exterior Finish
|
Brick, Metal, Stucco |
|
Flooring Type
|
Ceramic Tile, Hardwood, Vinyl Plank |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,957 Sqft |
|
Total Finished Area
|
1957.43 Sqft |
|
Type
|
Multi-family |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Partially Fenced |
|
Land Amenities
|
Golf Course, Park, Schools, Shopping |
|
Landscape Features
|
Landscaped |
|
Size Irregular
|
11485.09 |
|
Size Total
|
11485.09 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
|
Size Total Text
|
11485.09 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
|
Zoning Description
|
R-cg |
https://www.realtor.ca/real-estate/30113295/14-rosetree-crescent-nw-calgary-rosemont