1-4, 1111 15 Avenue NE, Calgary, Alberta, T2E1J4 Calgary AB CA

CAD 1,150,000
For Sale MLS: 25301524

Property Details

Bedrooms

6

Bathrooms

2

Neighborhood

Renfrew

Basement

Finished, Full, Suite

Property Type

Single Family

Description

Renovated 4 Plex located on a quiet street in the popular inner-city community of Renfrew! Featured on a huge 50' x 120' lot. This revenue generating property is fully rented with long term tenants that would like to stay. The building features 2 X 3 bedroom and 2 x 1 bedroom units that bring in over $60K a year. The top 2 floors are both 3 bedroom units have been completely renovated, all the units feature vinyl plank/hardwood floors and are very quiet & spacious, with huge windows that bring in lots of natural light. Structurally this property is in great shape with a newer roof (2013), newer windows (2013) and a high efficiency boiler (2006). Lots of street parking out front & an oversized parking lot in the back. This building has been very well cared for and features a large back yard with a common area for the tenants. Adults only occupied & no pets & no smoking building. Located walking distance to the Renfrew recreation center, shopping & restaurants. Quick access to 16th Ave and Deerfoot Trail, transit out front, schools close by and a very short commute downtown! This building is in the perfect location for a revenue property! Extra income from coin operated Laundry. Total revenue of $62,400/yr. Long term tenants, please do not approach tenants. This an EXCELLENT investment for immediate cash flow & future redevelopment opportunities. (id:1937) Find out more about this property. Request details here

Location

Address

1111 15 Avenue NE, Calgary, Alberta T2E 1J4, Canada

City

Calgary

Features and Finishes

Rentals with coin-operated laundry, finished basement, full basement, suite, renovated 3-bedroom units, vinyl plank/hardwood floors, quiet and spacious, large back yard with common area, high efficiency boiler (2006), newer roof (2013), newer windows (2013)

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