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728 14 Avenue Sw, Calgary, Alberta T2R 0N1 New

MLS® # A2356067

$3,255,000

Property Size 9989
Year Built 1910

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:53676)

PROPERTY FEATURES

  • MLS® Number A2356067
  • Price $3,255,000
  • Square Footage: 9989 sqft
  • Property Type: Multi-Family
  • Community Name: Beltline
  • Plan A1
  • Total Buildings 1

Buildings

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

Acreage No Size Depth 39.78 M
Size Frontage 11.89 M Size Irregular 470.00
Size Total 470 M2|4,051 - 7,250 Sqft Size Total Text 470 M2|4,051 - 7,250 Sqft
Zoning Description Cc-mh

BROKERAGE

  • Office: Michael Fleming Realty Corp.

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