This property is 7 individual units. 5x 1 bedroom, 1 bath. 1 Studio and 1x 2 bedroom. The monthly rent of the units currently range from $1,100 - $1,400 but are below market value. Refer to the rent roll for the suggested rental increases. The owner also owns the building to the north for development opportunities. The combined frontage would reach 70' and 140' depth with a west facing backyard. Welcome to a timeless investment opportunity in the heart of Cliff Bungalow! This charming multi-family apartment building, built in 1911, exudes character and history while offering a sought after living experience of the incredible location. Comprising seven distinct units, this property is a testament to architectural longevity. This kind of property doesn't come up often so don't miss out.
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Total Living Area:
2,990.94 sq. ft.277.87 m2
Lot Area:
351 sq. ft.32.61 m2
Lot Frontage:
27'1¼"8.26 m
Lot Details:
27' x 140
Stories Total:
3
Year built:
1912
(Age: 112)
Bathrooms:
-
(Full:-, Half:-)
Plan:
2112AC
Heating:
Baseboard, Boiler, Hot Water, Natural Gas, Zoned
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Garage:
0
Parking:
Alley Access, Assigned, Parking Lot, Stall
Parking Places:
5.0
Parking Total/Covered:
5 /
-
Laundry Features:
In Basement
Cliff Bungalow
Dryer, Washer
N/A
None Known
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Patio And Porch Features:
Balcony(s), Deck, Front Porch
Lot Features:
Near Shopping Center, Near Public Transit, Rectangular Lot
Data was last updated May 18, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,599,000
Min list price:
$799,000
Max list price:
$4,199,999
Avg days on market:
24
Min days on market:
2
Max days on market:
124
Avg price per sq.ft.:
$531.71
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.