Beltline
FOR SALE
$3,255,000
PURCHASE PRICE
728 14 Avenue SW, Calgary · T2R 0N1
MULTI FAMILY · BUILT 1910
MLS A2356067 · 0 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
ABOUT THIS PROPERTY
Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention. The property has undergone extensive upgrades, including: • Redecorated suites • New boiler installed circa 2016 • Updated electrical system, including electrical panel • Plumbing upgrades completed in 2012 • Roof replaced circa 2018 2019 • Low-maintenance landscaping with a small outdoor patio This turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval. An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Multi Family
- YEAR BUILT
- 1910
- CONSTRUCTION
- Wood Frame · Wood Siding
- ROOF
- Asphalt Shingle
- FOUNDATION
- Poured Concrete
PARKING
- TOTAL PARKING
- 0
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 5,059
- LOT SIZE (ACRES)
- 0.12
- LOT
- City Lot · Street Lighting
COMMUNITY
- COMMUNITY
- Beltline
- ZONING
- CC-MH
- POSTAL CODE
- T2R 0N1
UTILITIES & COSTS
- HEATING
- Baseboard · Boiler · Natural Gas · Radiant
- ANNUAL TAXES
- $9,708