Royal Lepage Mission

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Data was last updated 2025-11-01 at 15:30:05 GMT
$850,000

4 Huntley Close NE   Calgary, Alberta

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MLS®: A2266123
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This solid 1972-built 4-plex presents an exceptional opportunity for investors looking to add value and significantly increase rental income. Each of the four spacious units is approximately 1,000 sq. ft. and features three bedrooms, one bathroom, and its own furnace and hot water tank. All the tub surrounds have been recently replaced, but the remainder of the building remains largely in original condition?offering endless potential for modernization and improved returns. Three of the four units are currently occupied, including two long-term tenants. The generous size of each suite provides the perfect canvas for interior upgrades that could dramatically enhance both appeal and revenue. Ideally situated close to major bus routes, Stoney Trail, and Deerfoot Trail, this property also offers quick access to shopping, schools, and all amenities?just minutes from downtown via Centre Street. With strong fundamentals and tremendous upside, this is a rare opportunity to transform a well-built 4-plex into a high-performing investment in a sought-after central location. 4Plex generating $4,200/month ($50,400 annually) with tenants paying all utilities ? (taxes $6,072, insurance est. $3,000) and  4.86% cap rate based on $850K.? Also not factoring in 1400 for non paying tenant currently being evicted.
This solid 1972-built 4-plex presents an exceptional opportunity for investors looking to add value and significantly increase rental income. Each of the four spacious units is approximately 1,000 sq. ft. and features three bedrooms, one bathroom, and its own furnace and hot water tank. All the tub surrounds have been recently replaced, but the remainder of the building remains largely in original condition?offering endless potential for modernization and improved returns. Three of the four units are currently occupied, including two long-term tenants. The generous size of each suite provides the perfect canvas for interior upgrades that could dramatically enhance both appeal and revenue. Ideally situated close to major bus routes, Stoney Trail, and Deerfoot Trail, this property also offers quick access to shopping, schools, and all amenities?just minutes from downtown via Centre Street. With strong fundamentals and tremendous upside, this is a rare opportunity to transform a well-built 4-plex into a high-performing investment in a sought-after central location. 4Plex generating $4,200/month ($50,400 annually) with tenants paying all utilities ? (taxes $6,072, insurance est. $3,000) and 4.86% cap rate based on $850K.? Also not factoring in 1400 for non paying tenant currently being evicted.

Listing Information

Prop. Type:
4 plex
Status:
Active
City:
Calgary
Neighbourhood:
Huntington Hills
Area:
Calgary
Province:
Alberta
MLS® Number:
A2266123
Listing Price:
$850,000

General Information

Year Built:
1972
Total Square Feet:
1000ft2

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This property is listed by CIR Realty and provided here courtesy of Chris Tarves. For more information or to schedule a viewing please contact Chris Tarves.
Chris Tarves
SUTTON GROUP CANWEST
Phone: 4032789208
Mobile Phone: 4036067334
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Chris Tarves, licensed Salesperson in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Royal LePage

The Trademarks REALTOR, REALTORS And The REALTOR Logo Are Controlled By The Canadian Real Estate Association (CREA) And Identify Real Estate Professionals Who Are Members Of CREA. Used Under License. The Trademarks MLS, Multiple Listing Service And The Associated Logos Are Owned By The Canadian Real Estate Association (CREA) And Identify The Quality Of Services Provided By Real Estate Professionals Who Are Members Of CREA. Used Under License.


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