1309 12 Avenue SW, Calgary, AB, T3C 0P6

MLS® # A2304728

Commercial For Sale In Beltline, Calgary, Alberta

$2,750,000

None Beds

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1309 12 Avenue Sw, Calgary, AB - Outdoor With Facade

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1309 12 Avenue SW, Calgary, AB, T3C 0P6

$2,750,000

Property Information:

Located in the heart of Calgary’s highly desirable Beltline District, 1309-12th Avenue SW offers a rare multiunit investment with both stability and upside. This is a three-level, eleven-unit apartment building which consists entirely of large one-bedroom suites, ranging between 750 and 800 square feet, as well as one smaller unit—making it an ideal asset for targeting the city’s growing population who desire an urban living environment. This apartment building was constructed in 1957 and has a solid structure, bones and fundamentals. Most units have received various levels of interior renovations over time, however, there remains opportunity for any investor who seeks to update this asset to further drive rental growth. For the ambitious investor this is a rare opportunity to secure an income generating property in a prime location, which offers strong cash flow and incredible long term value. There are 5 total parking stalls. This building is minutes from Kensington, downtown, 17th Avenue, CTrain and bus routes, access to parks and the bow river pathway. 1309-12th Avenue SW stands as a prime value-add opportunity in one of Calgary’s most desirable, walkable and sought-after urban communities.

Inclusions: 11 FRIDGES 11 STOVES

Property Features:

Built in: 1957
Floor Space (approx): 10400.00 Square Feet
Heating: Boiler, Natural Gas
Lot Size: 6500.00 Square Feet
Roof: Flat
Zoning: CC-MHX
No. of Parking Spaces: 6

Courtesy of: RE/MAX Real Estate (Mountain View)

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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