This is the only CONCRETE apartment building FOR SALE in NW Calgary! Fantastic location in Sunnyside! Steps to LRT station, walk to shops, restaurants etc. CONCRETE construction with 100% parking. Great mix of 5-1 bedrooms (approx. 550sf) and 4 - 2 bedrooms units (approx. 750sf). This building is always full and easy to rent. One tenant has been there 26 years! Great potential to add value and increase rents as current rents are under market rates! Common laundry and bike storage rooms on first floor. Boiler serviced yearly. New H20 tank in 2017. One unit fully renovated. Other units have had a variety of upgrades over the years. This investment has the potential of at least a 4.4% Cap Rate. Note: This building is located on the West side of the LRT tracks. Enter it from 10th Street & 5th Avenue.
|Price Reduced (from $1,788,000)||$1,699,000||$89,000 (4.98%)|
Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on April 7th, 2020 at 8:16pm MDT.