1610 28 Avenue Sw Calgary, Alberta T2T 1J4

117219.96 sqft


GREAT INVESTMENT OPPORTUNITY with $100,436 NOI for 9 UNIT (x6 - 1 bedroom, 1 bathroom units and x3 - 2 bedroom, 1 bathroom units plus a previous owner's suite). Primely located in the heart of South Calgary! Massive 1400 square foot plus basement unit built on top of the garage with its own private balcony and garage, that used to be the owner's suite! Roof, Windows and Boiler all RENOVATED within the last 10 years +/-. MC-1 zoning with huge 87.5 x 125 foot lot - amazing opportunity for re-development in the future & great LAND VALUE! 9 Parking stalls + garage for additional monthly revenue stream! Perfect multi-family for holding (cash flow) or renovating/flipping with re-development potential! Opportunities like this rarely come on the market, and in such a PRIME location! Just a quick drive to the trendy Marda Loop community, a 5 minute drive to 17th Avenue, 8 minute drive to Mt. Royal University and within walking distance to multiple green parks, renting units will never be a problem!! Offered at $1,799,000 with a 5.6% CAP rate! (id:20868)

Property Details

MLS® Number A2028339
Property Type Multi-family
Community Name South Calgary
Parking Space Total 11
Plan 4479p


Constructed Date 1960
Size Exterior 117219.96 Sqft
Size Interior 117219.96 Sqft
Total Finished Area 117219.96 Sqft
Type Multi-family


Acreage No
Size Depth 38.1 M
Size Frontage 26.64 M
Size Irregular 1015.00
Size Total 1015 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text 1015 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Zoning Description M-c1



Contact us for more information

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Amit Aurora

(403) 287-3880
(403) 287-3876

RE/MAX House Of Real Estate
4034 16 Street Sw
Calgary, Alberta T2T 4H4

(403) 287-3880
(403) 287-3876

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