$1,399,900.00 0 Sq.ft

1-7, 2123 5 Street SW, Calgary. T2S2B5

Description

This property is 7 individual units. 5x 1 bedroom, 1 bath. 1 Studio and 1x 2 bedroom. The monthly rent of the units currently range from $1,100 - $1,400 but are below market value. Refer to the rent roll for the suggested rental increases. The owner also owns the building to the north for development opportunities. The combined frontage would reach 70' and 140' depth with a west facing backyard. Welcome to a timeless investment opportunity in the heart of Cliff Bungalow! This charming multi-family apartment building, built in 1911, exudes character and history while offering a sought after living experience of the incredible location. Comprising seven distinct units, this property is a testament to architectural longevity. This kind of property doesn't come up often so don't miss out.

Listing Information

Prop. Type:Multi-Family
Status:Active
MLS #:A2122356
City:Calgary
Neighbourhood:Cliff Bungalow
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.01 Acre
Listing Price:$1,399,900.00
Lease Rate: $0.00
Business Type:
Property Subtype:Apartment
Transaction Type:For Sale
Land Use Code:M-CG d72
Listing Contract Date:2024-04-11

For fast response, please email us via the “Inquiry Via Email” button with your contact information.

To purchase a business or property, please visit "Our People", to find a commercial expert who specializes in the type of business or property you are looking for, speaks your language, and has an office in your city.

This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX First" listing brokerage.

Google map