$2,250,000.00 5,000 Sq.ft

2119 36 Avenue SW, Calgary. T2T 2H1

Description

Welcome to a prime real estate opportunity in the heart of a bustling and regentrifying neighborhood! Presenting an exceptional ALTADORE concrete-constructed 8-PLEX, situated on an expansive 75' x 125' lot spanning 3 INNER-CITY LOTS. Can be combined with 2 lots next door (MLS A2107092) for a TOTAL OF 5 CITY LOTS and 125 FOOT FRONTAGE. Nestled on a peaceful dead-end street, this property boasts a solid structure and meticulous maintenance.This well-established 8-PLEX, offered for the first time, stands as a testament to quality construction and enduring appeal. With executive homeowners as neighbors, this multi-family gem is strategically located just 3 blocks from Marda Loop's main commercial corridor of Richmond Road, offering a perfect blend of tranquility and accessibility. Featuring a thoughtful layout, the property comprises 3 spacious 2-bedroom units and 5 comfortable 1-bedroom units. Seven of the units provide the luxury of private balconies, allowing residents to unwind amidst a serene environment. Long-term, contented tenants attest to the desirability and satisfaction this property offers. For the convenience of residents, there are 8 paved off-street parking spots at the rear of the property, ensuring hassle-free parking in this high-demand area. A communal coin-operated washer and dryer provide practicality, and there's ample space in each unit for those who prefer to install in-unit laundry. This 8-PLEX sits in a marquis neighborhood that is currently undergoing a revitalization, making it an attractive buy and hold investment. Whether you're a seasoned investor or a savvy homeowner seeking an income-generating property, this is an opportunity not to be missed. Embrace the potential of this concrete-constructed gem in a location that combines the charm of a quiet dead-end street with the vibrancy of a rapidly regentrifying area. Secure your stake in this executive enclave – a wise investment for the discerning buyer!

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2100250
City:Calgary
Neighbourhood:Altadore
Province:Alberta
Building/Unit Size: 5,000 sq.ft
Land Size:0.22 Acre
Listing Price:$2,250,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:M-C1
Listing Contract Date:2024-01-07

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Stonemere Real Estate Solutions" listing brokerage.

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