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For Sale
$1,399,999
MLS® A2332942
14 Rosetree Crescent NW
Calgary, Alberta, T2K1M9
- Interior
- 1,957 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Year built
- 1959
- Lot size
- 11485.09 square feet
- Parking
- 5
Property facts
- Interior
- 1,957 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Year built
- 1959
- Lot size
- 11485.09 square feet
- Parking
- 5
- Ownership
- Freehold
About this property
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:53361)