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Justin Havre

REALTOR®

  • Office 403.217.0003
Questions?

128 23 Av Northeast, Calgary, Alberta – $1,199,000

  • $1.2M Price
  • 5,063 Sqft
  • 182 DOM
  • $1.2M Price
  • 5,063 Sqft
  • 182 DOM

128 23 Av Northeast

Excellent 8-Plex on a quiet street in Tuxedo! Professionally managed for many years. This building features brick-facing around the entire exterior, 8 - 1 bedroom units (approx. 505sf) with a common laundry area and 6 paved parking spots in the rear. Rents are currently below market prices but could easily be raised once renovated. Two of the units have been upgraded with newer cabinets, fridge, stove and dishwasher and newer bathroom fixtures and flooring. The other units are for the most part in original condition with some newer flooring, sinks and countertops in specific units. This investment has the potential of a 4.99% Cap Rate. NOTE: No sign on the property. Please DO NOT approach or disturb the tenants! Thank you for your cooperation.

Essential Information

  • MLS® #C4270560
  • Price$1,199,000
  • Bathrooms0.00
  • Square Footage5,063
  • Lot SQFT629
  • Year Built1968
  • TypeCommercial
  • Sub-TypeMulti Unit
  • StatusActive

Community Information

  • Address128 23 Av Northeast
  • AreaCalgary
  • SubdivisionTuxedo Park
  • CityCalgary
  • ProvinceAlberta
  • Postal CodeT2E 1V5

Exterior

  • Frontage Metres17.370

Exterior Features

Back Lane, Shopping Nearby, Landscaped, Public Transportation

Site Influence

Back Lane, Shopping Nearby, Landscaped, Public Transportation

Additional Information

  • ZoningZone CC

Listing Details

  • OfficeRE/MAX REAL ESTATE (CENTRAL)

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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on March 28th, 2020 at 5:00am MDT.

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