6131 Bowness Road Northwest, Calgary - Multi-family for Sale

Description

ATTENTION CALGARY REAL ESTATE INVESTORS! Discover an opportunity to own a fully conforming, four-unit residential investment property in the heart of Bowness. Whether you are expanding an established portfolio or seeking a multi-family property with room to grow, 6131 Bowness Road NW offers a combination of existing rental income, a proven rental history and future upside. Built in 1969, this impeccably maintained Four-plex features three, three-bedroom suites and one, two-bedroom suite, an attractive unit mix that appeals to a broad range of tenants. All four residences are accessed from an upgraded central interior hallway, with a shared laundry room in the basement. A rear parking pad provides four off-street parking spaces. The building is heated by a central gas-fired hot-water boiler that has been serviced annually, and improvements to attic ventilation, including vents and fans, were completed in 2025. The potential extends beyond existing income. One of the three-bedroom suites has been renovated, demonstrating the potential to reposition additional units over time and pursue increased rental revenue as leases turn over and market conditions permit. For a long-term investor, the opportunity to thoughtfully modernize the remaining interiors creates an appealing path to enhancing tenant experience and strengthening income performance. Opportunities to review utility arrangements and common-area laundry operations to improve efficiency and revenue, applicable requirements and tenant agreements. Location adds another layer of appeal. Bowness is one of Calgary's most established northwest communities, known for its neighbourhood character, local businesses, restaurants, shops and access to outdoor recreation. Transit, major routes and the Bow River pathway network are accessible, with Bowness Park nearby. The setting offers tenants a practical balance of everyday amenities and access to destinations across northwest Calgary. With four existing rental units, dedic ated parking, shared laundry and a flexible suite mix, this property provides an established foundation for investors to evaluate. Rather than relying on a speculative development concept, buyers can consider an operating rental property today alongside a range of potential improvements for tomorrow. An investor information package, including an illustrative income and expense analysis and potential value-add scenarios, is available for qualified buyers to review. Opportunities to acquire a fully conforming Four-plex with this combination of current utility and future potential deserve a closer look. The appeal is in the added flexibility: maintain the existing rental operation while considering a phased improvement strategy that aligns with tenant turnover, available capital and long-term investment objectives. Explore what 6131 Bowness Road NW could contribute to your Calgary real estate investment portfolio. Ask for the investor package and details. (id:66096)

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