- Tuxedo Park
-
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$700,000
Calgary, Tuxedo Park
- 8 bedrooms
- 5 bathrooms
- 2,098 sqft
- 32,206 lot sqft
- built in 1979
- Attached
- A1153312
- Description:
- UNIQUE INVESTMENT OPPORTUNITY!! 3 illegal suites EACH SIDE totalling 6 illegal suites that MUST BE PURCHASED TOGETHER next door but you can FINANCE RESIDENTIALLY. This Multi-family development has 2 separate titles for 217 & 219 sides, giving investors the option to finance residentially! Located in the PRIME area of Tuxedo Park, this development offers 6 UNITS (x3 - 2bedroom units & x3 - 3 bedroom units)!! **See below for detailed unit breakdown** With just short of $70K of NET ANNUAL INCOME and potential to increase rents, this property is perfect for holding & cash flowing or can be re-developed in the future! Well kept, clean & maintained, each of the 2nd & top floor units have a balcony and the rear of the building provides 4 parking stalls for residents! Located 5 minutes from 16th Avenue, 8 minute drive to SAIT, transit routes within walking distance and easily accessible to core downtown Calgary, this development has great appeal to students & working professionals! Unit Breakdown: 217 25 Ave NE (West Side): 217A (Top Floor) - 2 Bedrooms with 1.5 Bathrooms, 217B (2nd Floor) - 3 Bedrooms with 1.5 Bathrooms, 217C (Basement) - 2 Bedrooms with 1 full Bathroom ! 219 25 Ave NE (East Side): 219A (Top Floor) - 3 Bedrooms with 1.5 Bathrooms, 219B (2nd Floor) - 3 Bedrooms with 1.5 Bathrooms, 219C (Basement) - 2 Bedrooms with 1 full Bathroom.
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.
FIRST PLACE REALTY
220, 1822 -10th Avenue S.W., Calgary AB
403 703 3965
220, 1822 -10th Avenue S.W., Calgary AB
403 703 3965
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