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11440 Elbow DR SW Calgary, AB T2W2E6
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Key Details
Sold Price -
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,472 sqft
Subdivision Southwood
MLS® Listing ID A2326477
Sold Date -
Style Attached-Up/Down,Bungalow
Year Built 1973
Annual Tax Amount $6,849
Tax Year 2026
Lot Size 6,598 Sqft
Acres 0.15
Property Sub-Type 4 plex
Source Calgary
Property Description
**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.
Location
Province AB
County Calgary
Area Cal Zone S
Zoning MR
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s), Granite Counters, Laminate Counters, No Smoking Home, Separate Entrance, Vinyl Windows, Wood Windows
Heating Forced Air, Natural Gas
Cooling None
Flooring Laminate, Tile, Vinyl Plank
Appliance Dishwasher, Dryer, Electric Stove, Gas Water Heater, Refrigerator, Washer, Window Coverings
Laundry In Unit
Exterior
Parking Features Additional Parking, Alley Access, Asphalt, Assigned, Guest, Off Street, Plug-In, Stall
Fence Fenced
Community Features Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Rolled/Hot Mop
Porch Patio, See Remarks
Lot Frontage 60.17
Total Parking Spaces 6
Building
Lot Description Back Lane, Few Trees, Interior Lot, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting
Story 1
Foundation Poured Concrete
Water Public
Architectural Style Attached-Up/Down, Bungalow
Level or Stories One
Structure Type Brick,Concrete,Stucco
Others
Restrictions Non-Smoking Building,Pets Allowed,Rental
Tax ID 112531124
Ownership Private
Pets Allowed Yes
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