This property is 7 individual units. 5x 1 bedroom, 1 bath. 1 Studio and 1x 2 bedroom. The monthly rent of the units currently range from $1,100 - $1,400 but are below market value. Refer to the rent roll for the suggested rental increases. The owner also owns the building to the north for development opportunities. The combined frontage would reach 70' and 140' depth with a west facing backyard. Welcome to a timeless investment opportunity in the heart of Cliff Bungalow! This charming multi-family apartment building, built in 1911, exudes character and history while offering a sought after living experience of the incredible location. Comprising seven distinct units, this property is a testament to architectural longevity. This kind of property doesn't come up often so don't miss out.
| Address |
1-7, 2123 5 Street SW |
| List Price |
$1,399,900 |
| Property Type |
Multi-Family |
| Type of Dwelling |
Apartment |
| Area |
Calgary CC |
| Sub-Area |
Cliff Bungalow |
| Floor Area |
2,991 Sq. Ft. |
| Lot Size |
351 Sq. Ft. |
| Year Built |
1912 |
| MLS® Number |
A2122356 |
| Listing Brokerage |
RE/MAX First
|
| Postal Code |
T2S2B5 |
| Zoning |
M-CG d72 |
| Site Influences |
Schools Nearby, Shopping Nearby, Near Shopping Center, Park, Walking/Bike Paths, Playground, Rectangular Lot, Sidewalks, Street Lights, Near Public Transit |
