SOLD | 1008 - 14 Avenue SW
Calgary, Alberta
Building
Stats
- Property Type Multifamily - Low-Rise/Garden
- Building size (SF) 9,600
- Size (Ac) 0.18
- Price $2,390,000 CAD
- Zoning CC-MH (Centre City Multi-Residential High Rise District)
Overview
2 storey plus basement, walk-up concrete apartment building located in the heart of Calgary's popular beltline community. Subject rents are significantly below comparable properties - initiating an interior upgrade program will generate additional income via rental premium. The property is exceptionally located 2 blocks north of Calgary's most prominant entertainment district, 17 Avenue SW and surrounded by an abundance of dining, shopping and entertainment amenities. Currently 100% occupied with a strong occupancy history and low operating expenses.
For rent roll and operating expense information, please sign and email a confidentiality agreement to the Listing Brokers
Highlights
Modern vinyl-clad windows and balcony sliding glass doors
Upgraded insulation
Original kitchen cabinets, doors, trim and bath/showers
Upgraded laminate flooring, kitchen countertops and bathroom tiling
Appliances reported to be 2-4 years old
All units equipped with 4-piece bathroom, kitchen/dining area, living room and one or two bedrooms
Appliances include refrigerator and stove/oven
Heating provided by radiant baseboard units supplied by a modern central Saturn Series boiler
Building is equipped with intercom system
Common area laundry on ground floor
Units include laminate flooring in living room & bedrooms, linoleum & ceramic flooring in kitchen and bathrooms
