Exceptional older character 6 Plex Located in a Prime Location in Banff Trail. City View across from a City Park and recreation area and only blocks away from LRT stations. These units rarely come to market and this one has many recent upgrades including Windows, Roofing, Kitchens, Bathrooms, hot water tanks and unit Electrical panels. NOTE*** Individual gas meters and furnaces, hot water tanks to each unit. Laundry and Utility room located in lower level. 4 car garage and exterior stall. Security doors. BBQ area and picnic table for the tenants. 5-2 Bedroom and 1 -1 bedroom units. Possible Vendor Take Back by Seller!! Why not create your own living space in the upper two apartments and take advantage of the great View and Location!! Better yet this maybe an excellent condo conversion to consider. Please DO NOT DISTURB TENANTS - thank you. Expenses (Taxes-Insurance -Garbage -Recycles -Cleaning Services -Summer and Winter Landscaping- Furnace maintenance and common area costs including Water And Sewer for the entire building running Approximately $28,765 and Rental Income Approximately $109,620 ) 1 Bedroom Suite runs on average 1350 -2 Bedroom Suites average/ $1,557). Factor in on any multi family 2% for Vacancy 4% for maintenance gives you a snap shot of 2208 current Income and expenses.
Address
1-6, 2208 20 Avenue NW
List Price
$1,750,000
Property Type
Multi-Family
Type of Dwelling
Apartment
Transaction Type
sale
Area
Calgary CC
Sub-Area
Banff Trail
Floor Area
4,010 Sq. Ft.
Lot Size
7868 Sq. Ft.
Year Built
1958
MLS® Number
A2226753
Listing Brokerage
eXp Realty
Postal Code
T2M 1J2
Zoning
M-C1