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$1,399,999
15 Days On Site

14 Rosetree Crescent NW
Calgary, AB T2K 1M9

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1,957
SqFt
$715
/SqFt
1959
Built
Subdivision:
Rosemont

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403-775-6950
14 Rosetree Crescent NW14 Rosetree Crescent NW14 Rosetree Crescent NW14 Rosetree Crescent NW
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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:31684)

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Listing Snapshot
Price 
$1,399,999
Days On Site 
15 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,957 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2637 Acres
Year Built 
1959
MLS® Number 
A2332942
Status 
Active
Property Tax 
$7,181
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Garage 
Yes
Number Of Stories 
1
Parking 
On StreetDetached
Parking Spaces 
5
Property Sub Type 
Multi Family
SqFt Above 
1957
Style 
Bungalow
Zoning 
R-CG
Interior Features
Appliances 
CooktopRefrigeratorDishwasherWasher/DryerRange Hood
Basement 
FinishedFull
Flooring 
HardwoodCeramic Tile
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
BrickMetal SidingStucco
Fencing 
Partial
Lot Features 
Cul-De-SacLevel

Listing courtesy of: Michael Bussoli of Real Broker

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.

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. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

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Neighborhood & Commute
Source: Walkscore
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