Listing Details

Return to Search Result
Data was last updated 2020-08-08 at 05:24:17 AM (MDT)

128 23 AV NE - MLS® # C4270560

Property Details


List Price
$1,199,000
Living Area
5,063 sqft.
Bedrooms
Bathrooms
Lot Size Area
6770 sq.ft.
Taxes
N/A
Type
Multi Family (Commercial)
Style
Basement
Year Built
1968

Description

Lowest "Price per Door" apartment building in Calgary between 1-2 million dollars! Excellent 8-Plex on a quiet street in Tuxedo! Professionally managed for many years. This building features brick-facing around the entire exterior, 8 - 1 bedroom units (approx. 505sf) with a common laundry area and 6 paved parking spots in the rear. Rents are currently below market prices but could easily be raised once renovated. Two of the units have been upgraded with newer cabinets, fridge, stove and dishwasher and newer bathroom fixtures and flooring. The other units are for the most part in original condition with some newer flooring, sinks and countertops in specific units. This investment has the potential of a 4.99% Cap Rate. NOTE: No sign on the property. Please DO NOT approach or disturb the tenants! Thank you for your cooperation.

Listing Provided By

RE/MAX REAL ESTATE (CENTRAL)

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

Send us your questions about this property and we'll get back to you right away.

 Real Estate Listing provided by
  • OLEG LUTSO
  • Direct 403 708 1777
  • 403 247 5178
  • INFO@OLEGLUTSO.COM
  • Remax Mountain View
  • #401, 9650 Harvest Hills Blvd NE
  • Calgary, AB
  • T3K 0B3