South Calgary, Calgary Listing #: A1145720
$1,790,000
0 Bed
0 Bath
117,596 Lot SqFt
1960 Built
GREAT INVESTMENT OPPORTUNITY for 9 UNIT (x6 - 1 bedroom units and x3 - 2 bedroom units) in the heart of South Calgary! THIS PROPERTY GENERATES over $86,740 NET ANNUAL INCOME with potential to bump up rents!! Massive 1400 square foot plus basement unit built on top of the garage with it's own private balcony and garage, that used to be the owner's suite! Roof, Windows and Boiler all RENOVATED within the last 10 years +/-. MC-1 zoning with huge 87.5 x 125 foot lot - amazing opportunity for re-development in the future & great LAND VALUE! 9 Parking stalls + garage for additional monthly revenue stream! Perfect multi-family for holding (cash flow) or renovating/flipping with re-development potential! Opportunities like this rarely come on the market, and in such a PRIME location! Just a quick drive to the trendy Marda Loop community, a 5 minute drive to 17th Avenue, 8 minute drive to Mt.Royal University and within walking distance to multiple green parks, renting units will never be a problem!!
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Listed By: RE/MAX HOUSE OF REAL ESTATE
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
