GREAT INVESTMENT OPPORTUNITY for 9 UNIT (x6 - 1 bedroom units and x3 - 2 bedroom units) in the heart of South Calgary! THIS PROPERTY GENERATES over $86,740 NET ANNUAL INCOME with potential to bump up rents!! Massive 1400 square foot plus basement unit built on top of the garage with it's own private balcony and garage, that used to be the owner's suite! Roof, Windows and Boiler all RENOVATED within the last 10 years +/-. MC-1 zoning with huge 87.5 x 125 foot lot - amazing opportunity for re-development in the future & great LAND VALUE! 9 Parking stalls + garage for additional monthly revenue stream! Perfect multi-family for holding (cash flow) or renovating/flipping with re-development potential! Opportunities like this rarely come on the market, and in such a PRIME location! Just a quick drive to the trendy Marda Loop community, a 5 minute drive to 17th Avenue, 8 minute drive to Mt.Royal University and within walking distance to multiple green parks, renting units will never be a problem!!
RE/MAX HOUSE OF REAL ESTATE.
MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information last updated on September 23rd, 2021 at 11:30am MDT.