1334 23 Street, Mountain View County, Alberta T0M 0W0

Property Description

INVESTOR ALERT | LEGAL 4-PLEX | POSITIVE CASH FLOW | RENTAL UPSIDE. An excellent opportunity to add a well-maintained, purpose-built multi-family property to your portfolio in the growing community of Didsbury. This four-plex features four identical bi-level corner units, each offering a private entrance, 2 bedrooms, 1 full bathroom, an open-concept kitchen, dining and living area, in-suite laundry, dedicated furnace and hot water tank, plus excellent storage. The efficient design provides approximately 2,000 sq. ft. above grade, with additional developed living space below and 8 on-site parking stalls. The building has been well maintained and benefits from a strong rental history with long-term tenants, positive net operating income and current rents below estimated market levels, providing meaningful future revenue upside. Ideally located close to Didsbury's schools, hospital, recreation facilities, parks, shopping and everyday amenities, with quick access to the QEII Highway. Didsbury is a thriving central Alberta community strategically positioned between Calgary and Red Deer, supported by a diverse regional economy and strong demand for quality rental housing. Whether you're an experienced investor expanding your portfolio or looking to enter the multi-family market, this is a compelling opportunity to acquire four income-producing units under one title.