Lower Mount Royal Multi Unit (Commercial) for sale: 700 sq.ft. (Listed 2020-04-17)

Overview

Data was last updated 2020-06-07 at 09:24:17AM UTC

1726 10A ST SW, Calgary, Alberta

MLS®#: C4293744
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  • Property Value$2,399,000
  • Property Address1726 10A ST SW, Calgary, Alberta, T2T 3J8, Canada
  • TypeMulti Unit (Commercial)
  • Year Built1965
  • Available Building Area700 sq.ft.
  • Lot Size Area6,501.40 sq.ft.

Lower Mount Royal

1726 10A ST SW, Calgary, Alberta, T2T 3J8, Canada

Description

Amazing location in the heart of Lower Mount Royal and right off of 17 Avenue! Even in this market this building sits at a cap of 4.5-4.7%! BEST OF ALL THIS BUILDING IS STRATA TITLED - options are endless. All SEPARATE METERS. Hold and cash flow or sell each unit individually. Solid long term economic life left on this gem and this 11 UNIT plus 1 office/bachelor is always rented - every unit is massive and not your typical one bed. In the past the seller had fully furnished to boost revenue - another option for a potential buyer. Gross yearly income is $145,800 without bachelor unit as it is being used as an office! LOTS OF POTENTIAL TO INCREASE RENT! Building has been fully renovated in recent years with new windows, roof, plumbing, electrical and exterior paint! Units have granite and hardwood. Fully functional intercom system and open common areas with newer carpet and railings. 6 Energized parking stalls and ALL UNITS HAVE THEIR OWN IN SUITE LAUNDRY! There is also a storage locker area for the units.

Listing Provided By

RE/MAX HOUSE OF REAL ESTATE

 Real Estate Listing provided by
  • RE/MAX HOUSE OF REAL ESTATE
  • 50, 55 CASTLERIDGE BLVD. N.E.
  • Calgary, AB
  • T3J 3J8