301 5 Avenue Ne , Calgary, Alberta T2E 0K9 For sale

$3,000,000

  • Description
    7176 sqft

    Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value.Each spacious unit includes:2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms |Large West Facing Patio |Spacious Bonus Room With Cozy Fireplace |Fully Finished Basement With Wet Bar And Single Detached Garage |Stylish, move-in-ready modern interiors curated for comfort and durability |The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views.Key Highlights:Fully operational as a high-performing Airbnb short term rental. All furnishings included.Managed by professionals for a seamless, turnkey experience.Outstanding location. Immediate cash-flow potential with long-term upside.High-performing income property with 6.05% cap rateWhether you continue as a short-term rental host or explore other investment strategies, this property checks every box. (id:51046)

  • Property Details
    • MLS® # A2224734
    • Property Type: Multi-family
    • Community Name: Crescent Heights
    • Parking Space Total 4
    • Plan 1332n

    Building

    Appliances Refrigerator, Dishwasher, Stove, Microwave, Hood Fan, Window Coverings, Washer & Dryer
    Constructed Date 2016
    Stories Total 3
    Size Interior 7176 Sqft
    Total Finished Area 7176.3 Sqft
    Type Multi-family

    Land

    Acreage No
    Size Irregular 555.00
    Size Total 555 M2|4,051 - 7,250 Sqft
    Size Total Text 555 M2|4,051 - 7,250 Sqft
    Zoning Description M-cg

    Agents and Offices

    • Denis B. Hrstic
    • Office: Greater Property Group
  • Aerial
  • Walking Score
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