631 9A Street NW , Calgary

Bed / $1,699,000 / MLS® Listing #:A1031220

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This is the only and lowest priced CONCRETE apartment building FOR SALE in NW Calgary! Fantastic location in Sunnyside! Steps to LRT station, walk to shops, restaurants etc. CONCRETE construction with 100% parking. Great mix of 5-1 bedrooms (approx. 550sf) and 4 - 2 bedrooms units (approx. 750sf). This building is always full and easy to rent. One tenant has been there 26 years! Great potential to add value and increase rents as current rents are under market rates! Common laundry and bike storage rooms on first floor. Boiler serviced yearly. New H20 tank in 2017. One unit fully renovated. Other units have had a variety of upgrades over the years. This investment has great upside potential for both Cap Rate and Building Appreciation. This building is located on the West side of the LRT tracks. Enter it from 10th Street & 5th Avenue.

Property Details

Property Type Commercial
Square Feet 7721.00
Days On Our Website 20
Heating Baseboard,Hot Water,Natural GasBaseboard,Hot Water,Natural Gas
Exterior Brick,Concrete
Roof Type Tar/Gravel
Foundation Grade Beam

Listing Office: RE/MAX REAL ESTATE (CENTRAL)

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