728 14 Avenue SW Calgary, Alberta T2R 0N1

$3,255,000

Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention.The property has undergone extensive upgrades, including: • Redecorated suites • New boiler installed circa 2016 • Updated electrical system, including electrical panel • Plumbing upgrades completed in 2012 • Roof replaced circa 2018 2019 • Low-maintenance landscaping with a small outdoor patioThis turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval.An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements. (id:63982)

Property Details

MLS® Number	A2356067
Property Type	Multi-family
Community Name	Beltline
Plan	A1
Total Buildings	1

Building

Constructed Date	1910
Construction Material	Wood Frame
Exterior Finish	Wood Siding
Fire Protection	Alarm System
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters, Radiant Heat
Size Exterior	9989.4 Sqft
Size Interior	9,989 Sqft
Total Finished Area	9989.4 Sqft
Type	Multi-family

Land

Acreage	No
Size Depth	39.78 M
Size Frontage	11.89 M
Size Irregular	470.00
Size Total	470 M2|4,051 - 7,250 Sqft
Size Total Text	470 M2|4,051 - 7,250 Sqft
Zoning Description	Cc-mh