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1427 18 Street, Didsbury, Alberta T0M 0W0

$1,450,000

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  • 9,604

    Square feet

  • 0.61

    Acres

1427 18 Street Didsbury - MLS# A2066985

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.

Features of 1427 18 Street

MLS® # A2066985
Price 1450000
Sold Price 1270000
Date Sold 2024-01-31
Square Footage 9604
Lot SQFT 26520.00
Year Built 1978
Type Multi-Family
Sub-Type Row/Townhouse
Style Bi-Level, 2 Storey
Status Sold

Community Information: Didsbury

Address 1427 18 Street
Subdivision NONE
City Didsbury
Province Alberta
Postal Code T0M 0W0

Amenities of 1427 18 Street

Parking Spaces 20
Parking Off Street, Parking Pad
Is Waterfront N

Interior of 1427 18 Street

Appliances Electric Stove, Refrigerator, Range Hood, Washer/Dryer
Heating Forced Air, Natural Gas
Cooling None
Has Basement Y
Fireplace N
Basement Development Full
Basement Type Full

Exterior of 1427 18 Street

Roof Asphalt Shingle
Construction Stucco, Vinyl Siding, Wood Frame
Foundation Poured Concrete

Additional Information On 1427 18 Street

Zoning R-2
Foreclosure N
Short Sale N
RE / Bank Owned N
HOA Fees 0.00

Listing Details of 1427 18 Street

OfficeRE/MAX FIRST

Map To 1427 18 Street, Didsbury

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