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$3,255,000
Calgary
728 14 Avenue Southwest, Calgary, Alberta, T2R0N1
This multi-family property in Calgary is for sale offering roughly 9,989 sq ft of space. It has been on the market 2 days, fresher than the Calgary average of 61 days.
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:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 61 days across the listings currently for sale in this city
This multi-family in Calgary has been listed for 2 days, which is 59 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
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Loading rates, 30-yr amortization
Cash Needed to Close
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