11440 Elbow Drive Sw, Calgary

$1,150,000

0 Beds
0 Baths
2,473 Sqft
.15 Acres
0 Garages

**LEGAL, PURPOSE-BUILT FOURPLEX | TURN-KEY MULTI-FAMILY INVESTMENT | WALK-OUT DUPLEX DESIGN | SEPARATELY METERED**

Exceptional opportunity to own a legal, purpose-built fourplex in the highly desirable Southwest community of Southwood. This well-maintained, turnkey investment property features four self-contained 3-bedroom units, each with a private entrance, walk-out lower level, in-suite laundry, separate utilities, and individual metering—offering an attractive, low-maintenance investment for both seasoned and first-time investors.

Each suite is equipped with its own dedicated furnace, hot water tank, full-size washer and dryer, and six newer appliances, all in good working order. The separately metered design helps minimize owner operating costs while providing convenience for tenants.

The property includes four assigned parking stalls, each with an electrical plug-in, plus two visitor parking stalls.

Conveniently located with excellent access to public transportation, the #37 City Bus stops just outside the property, while Anderson LRT Station is only four blocks away. Schools, shopping, parks, and everyday amenities are all just minutes from the doorstep, making this a highly desirable location for tenants.

Proudly self-managed by the current owner, this property generates $67,200 in annual rental income. Two units are secured with one-year leases, while one exceptional long-term tenant of 11 years is currently on a month-to-month tenancy, as well as another long term tenant is also on a month to month tenancy providing stable cash flow and simplified property management. All units are in good clean condition.

A rare opportunity to acquire a fully leased, income-producing multi-family property in an established, high-demand rental location.

Essential Information
MLS® #A2326477
Price$1,150,000
Square Footage2,473
Acres0.15
Year Built1973
TypeMulti-Family
Sub-Type4 plex
StyleAttached-Up/Down, Bungalow
StatusActive
Community Information
Address11440 Elbow Drive Sw
SubdivisionSouthwood
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2W2E6
Amenities
Parking Spaces6
Parking

Additional Parking, Alley Access, Asphalt, Assigned, Guest, Off Street, Plug-In, Stall

Interior
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFull
# of Stories1
Interior Features

Ceiling Fan(s), Granite Counters, Laminate Counters, No Smoking Home, Separate Entrance, Vinyl Windows, Wood Windows

Appliances

Dishwasher, Dryer, Electric Stove, Gas Water Heater, Refrigerator, Washer, Window Coverings

Exterior
Exterior FeaturesPrivate Entrance
RoofRolled/Hot Mop
ConstructionBrick, Concrete, Stucco
FoundationPoured Concrete
Lot Description

Back Lane, Few Trees, Interior Lot, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting

Additional Information
ZoningMR
Listing Details
OfficeComox Realty
LISTING MAP

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