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$ 1,800,000
Est. payment | /mo
7,981 SqFt
$ 1,800,000
Est. payment | /mo
7,981 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 7981
Square Footage 7,981 sqft
Price per Sqft $225
Subdivision Bridgeland/Riverside
MLS® Listing ID A2314434
Year Built 1970
Lot Size 5,554 Sqft
Acres 0.12750638
Property Description
Exceptional opportunity to acquire a well-maintained 8-unit apartment building in a desirable inner-city location. Built in 1970, this income-producing property features an attractive unit mix consisting of seven 2-bedroom units and one 1-bedroom unit.. The building has benefited from significant capital improvements, including an updated boiler system in 2018 and two hot water-on-demand systems installed in 2022, helping to enhance operational efficiency and reduce future maintenance costs. Tenants enjoy the convenience of seven rear parking stalls, in this central location. Ideally situated close to downtown, public transit, shopping, schools, parks, and major employment hubs, this turnkey multifamily asset offers investors stable cash flow, strong tenant appeal, and long-term appreciation potential. Whether you're looking to expand your portfolio or secure a quality income-producing property, this 8-plex presents an outstanding investment opportunity in one of Calgary's established rental markets. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by 2% Realty
Nearby Locations
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