Property Details for MLS® # A2333975
655 4 Avenue, Calgary
Multi Family for Sale
- MLS®#: A2333975
- Price: $1,850,000
- Status: Active
- Year Built: 1973
Classic Brick-and-Mortar Investment is what this 7-Suite Concrete Apartment Building is all about, with current revenue of $133,500 per year. Positioned in the heart of high-demand Bridgeland, this well-maintained 7-suite concrete building offers a annual turn-key revenue opportunity for the savvy investor. Featuring six spacious 2-bedroom units and one bachelor suite. Every apartment enjoys a private balcony, a secure storage unit and a warm, welcoming layout that attracts and retains long-term tenants. Property Highlights: Convenient Parking: On-site rear surface parking eliminates street parking - no on street parking headaches for residents. Prime Location: Steps from public transit with quick, direct access to downtown Calgary and local amenities. Proactive Capital Upgrades: Capital expenditure risks are minimized thanks to significant recent improvements over the last 8 years: Hallways, common areas, and flooring upgraded (2 years ago) Windows and exterior doors replaced (4 years ago) Roof replaced (5 years ago) Water heater replaced (8 years ago). New Replacement Boiler in Storage, if required. Personally maintained with pride of ownership, this solid concrete asset yields stable cash flow with stable long-term upside. A fantastic turn-key addition to any real estate portfolio. A rock-solid, turn-key investment property ready for long-term equity growth and stable rental yield. Full Proforma available on request.
Contact Ryan & Dennis Shandruk About MLS® A2333975
Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3
property information
- Property Type: Multi Family
- MLS®#: A2333975
- Year Built: 1973
Community Information
- Address: 655 4 Avenue
- Neighbourhood: Bridgeland/Riverside
- City: Calgary
- Postal Code: T2E 0J9
interior
- Included: 7 FRIDGES 7 STOVES - MAINTENANCE & CARETAKER ITEMS.
- Fireplace Details: For Sale
exterior
- Roof: Tar/Gravel
Registration Benefits
By Creating an Account You'll Access:
- More Calgary Listings Browse through every listing in the MLS® System and do as many different searches as you like!
- Days on Website & Financial Info See protected details including Days on Website, Taxes, Condo Fees, Possession Dates, and more!
- Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
- Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
eXp Realty
