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Key Details
Sold Price $2,275,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Beltline
MLS® Listing ID A2166006
Sold Date 10/18/24
Originating Board Calgary
Year Built 1963
Annual Tax Amount $12,064
Tax Year 2024
Lot Size 6,512 Sqft
Acres 0.15
Property Description
Excellent opportunity to invest in this 10 units free standing building located in the prime district of Beltline. Property has been professionally managed, well maintained & upkept throughout the years. Consisting: 4 x 2 bedrooms ( approx. 705 SF) & 6 x 1 bedroom (approx. 511 SF). There are 10 parking stalls at the back of the building & a coin-matic laundry adding monthly income. Storage Room has 10 individual lockers for each tenant. Recent improvements are : Fresh paint on the exterior & common area of the building & Repaving of the parking lots at the back. Hot Water tank was replaced Oct 2021. Fantastic location. Walking distance to the Downtown core, steps from all the amenities: Shopping, Parks, Schools, Daycare, C-Train station, Trendy 17th Avenue for entertainments & restaurants. Great Holding/ Income property - zoned CC-MH (Centre City Multi-Residential High Rise District). Excellent future potential! Perfect time to invest with interest rate coming down. Do not miss this opportunity!! Viewing is subject to accepted offer.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning CC-MH
Interior
Heating Baseboard, Boiler, Natural Gas
Exterior
Roof Type Flat
Lot Frontage 50.07
Total Parking Spaces 10
Building
Lot Description Back Lane, City Lot, Low Maintenance Landscape
Foundation Poured Concrete
Structure Type Concrete
Others
Restrictions None Known
Ownership Private
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