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:57557)
| MLS® Number | A2234866 |
| Property Type | Multi-family |
| Neigbourhood | Renfrew |
| Community Name | Crescent Heights |
| Parking Space Total | 4 |
| Plan | 1332n |
| Appliances | Refrigerator, Dishwasher, Stove, Microwave, Hood Fan, Window Coverings, Washer & Dryer |
| Constructed Date | 2016 |
| Stories Total | 3 |
| Size Interior | 7,176 Ft2 |
| Total Finished Area | 7176.3 Sqft |
| Type | Multi-family |
| 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 D72 |
https://www.realtor.ca/real-estate/28525776/301-5-avenue-ne-calgary-crescent-heights
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. 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. Used under license.
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