For sale

728 14 Avenue Sw, Calgary, Alberta T2R 0N1 New

MLS® # A2356067

Price:

$3,255,000

Description

Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention.The property has undergone extensive upgrades, including: • Redecorated suites • New boiler installed circa 2016 • Updated electrical system, including electrical panel • Plumbing upgrades completed in 2012 • Roof replaced circa 2018 2019 • Low-maintenance landscaping with a small outdoor patioThis turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval.An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements. (id:51913)


Property Details

  Multi-Family
 9989 sqft

Key Details

STATUS
For sale
TYPE
Multi-Family
BUILT IN
1910

Property Features

  • MLS® Number A2356067
  • Price $3,255,000
  • Square Footage: 9989 sqft
  • Property Type: Multi-Family
  • Community Name: Beltline
  • Plan A1
  • TotalBuildings 1

Buildings

ConstructedDate 1910 ConstructionMaterial Wood Frame
ExteriorFinish Wood Siding FireProtection Alarm System
FoundationType Poured Concrete HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Radiant Heat SizeExterior 9989.4 Sqft
SizeInterior 9989 Sqft TotalFinishedArea 9989.4 Sqft
Type Multi-family

Land

Acreage No SizeDepth 39.78 M
SizeFrontage 11.89 M SizeIrregular 470.00
SizeTotal 470 M2|4,051 - 7,250 Sqft SizeTotalText 470 M2|4,051 - 7,250 Sqft
ZoningDescription Cc-mh

Agents and Offices

  • Mike Fleming
  • Phil Haugen
  • Office: Michael Fleming Realty Corp.
Address
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