JN REAL ESTATE GROUP

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

LISTING COURTESY OF MIKE FLEMING · MICHAEL FLEMING REALTY CORP.

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.