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Exceptional opportunity to acquire a well-maintained 8-unit apartment building in a desirable inner-city location. Built in 1970, this income-producing property features an attractive unit mix consisting of seven 2-bedroom units and one 1-bedroom unit.. The building has benefited from significant capital improvements, including an updated boiler system in 2018 and two hot water-on-demand systems installed in 2022, helping to enhance operational efficiency and reduce future maintenance costs. Tenants enjoy the convenience of seven rear parking stalls, in this central location. Ideally situated close to downtown, public transit, shopping, schools, parks, and major employment hubs, this turnkey multifamily asset offers investors stable cash flow, strong tenant appeal, and long-term appreciation potential. Whether you're looking to expand your portfolio or secure a quality income-producing property, this 8-plex presents an outstanding investment opportunity in one of Calgary's established rental markets. (id:37074)
| MLS® Number | A2314434 |
| Property Type | Multi-family |
| Neigbourhood | Bridgeland-Riverside |
| Community Name | Bridgeland/Riverside |
| Plan | 1964p |
| Constructed Date | 1970 |
| Size Exterior | 7981 Sqft |
| Size Interior | 7,981 Ft2 |
| Total Finished Area | 7981 Sqft |
| Type | Multi-family |
| Acreage | No |
| Size Depth | 33.86 M |
| Size Frontage | 15.28 M |
| Size Irregular | 516.00 |
| Size Total | 516 M2|4,051 - 7,250 Sqft |
| Size Total Text | 516 M2|4,051 - 7,250 Sqft |
| Zoning Description | Mu-2 F3.0h16 |
When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
