Exceptional opportunity to acquire a well-maintained 8-unit apartment building in a desirable inner-city location. Built in 1970, this income-producing property features an attractive unit mix consisting of seven 2-bedroom units and one 1-bedroom unit.. The building has benefited from significant capital improvements, including an updated boiler system in 2018 and two hot water-on-demand systems installed in 2022, helping to enhance operational efficiency and reduce future maintenance costs. Tenants enjoy the convenience of seven rear parking stalls, in this central location. Ideally situated close to downtown, public transit, shopping, schools, parks, and major employment hubs, this turnkey multifamily asset offers investors stable cash flow, strong tenant appeal, and long-term appreciation potential. Whether you're looking to expand your portfolio or secure a quality income-producing property, this 8-plex presents an outstanding investment opportunity in one of Calgary's established rental markets.
Address
211 6 Street NE
List Price
$1,800,000
Property Type
Commercial
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Bridgeland/Riverside
Lot Size
5554 Sq. Ft.
Year Built
1970
MLS® Number
A2314434
Listing Brokerage
2% Realty
Postal Code
T1A1G9
Zoning
MU-2 f3.0h16