Multi-Family
Year Built: 1910
Area: 9989 sqft
728 14 Avenue Sw Calgary, Alberta T2R 0N1 New
$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
| Plan : A1 |
| Total Buildings : 1 |
| MLS® Number : A2356067 |
| Property Type : Multi-family |
| Community Name : Beltline |
Building
| Constructed Date : 1910 |
| Construction Material : Wood Frame |
| Exterior Finish : Wood Siding |
| Fire Protection : Alarm System |
| Foundation Type : Poured Concrete |
| Heating Fuel : Natural Gas |
| Heating Type : Baseboard Heaters, Radiant Heat |
| Size Exterior : 9989.4 Sqft |
| Size Interior : 9989 Sqft |
| Total Finished Area : 9989.4 Sqft |
| Type : Multi-family |
Land
| Size Total : 470 M2|4,051 - 7,250 Sqft |
| Size Total Text : 470 M2|4,051 - 7,250 Sqft |
| Size Frontage : 11.89 M |
| Acreage : No |
| Size Depth : 39.78 M |
| Size Irregular : 470.00 |
| Zoning Description : Cc-mh |
Map
Agents and Offices
- Mike Fleming
- Phil Haugen
- Office: Michael Fleming Realty Corp.
