Multiplex candidate — unit count to verify
655 4 Avenue NE
Bridgeland/Riverside, Calgary$1,850,000
- Interior size
- 5200
- Lot size
- 480
- Year built
- 1973
- Property type
- Multi-family
- Zoning
- M-CG d111
- Status
- Active
- MLS® number
- A2333975
This is a multiplex candidate, not a verified fourplex.
The licensed record does not confirm exactly four self-contained units. Confirm the configuration with the listing brokerage and City of Calgary records before relying on it.
About this property
Classic Brick-and-Mortar Investment is what this 7-Suite Concrete Apartment Building is all about, with current revenue of $133,500 per year. Positioned in the heart of high-demand Bridgeland, this well-maintained 7-suite concrete building offers a annual turn-key revenue opportunity for the savvy investor. Featuring six spacious 2-bedroom units and one bachelor suite. Every apartment enjoys a private balcony, a secure storage unit and a warm, welcoming layout that attracts and retains long-term tenants.Property Highlights: Convenient Parking: On-site rear surface parking eliminates street parking - no on street parking headaches for residents. Prime Location: Steps from public transit with quick, direct access to downtown Calgary and local amenities. Proactive Capital Upgrades: Capital expenditure risks are minimized thanks to significant recent improvements over the last 8 years: Hallways, common areas, and flooring upgraded (2 years ago) Windows and exterior doors replaced (4 years ago) Roof replaced (5 years ago) Water heater replaced (8 years ago). New Replacement Boiler in Storage, if required.Personally maintained with pride of ownership, this solid concrete asset yields stable cash flow with stable long-term upside. A fantastic turn-key addition to any real estate portfolio. A rock-solid, turn-key investment property ready for long-term equity growth and stable rental yield. Full Proforma available on request. (id:66860)
Before you write an offer
Verify the four-unit use, permit history and land-use district against City of Calgary public records — listing descriptions are not planning approvals.
Listing courtesy of eXp Realty.
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Inventory changes without notice — status, price and configuration must be verified before relying on them. MLS® listing content is separate from the City of Calgary public-record signals shown elsewhere on this site; public permit and land-use data is not listing inventory. Listing data last updated Oct 15, 2026, 3:17 p.m..