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1732 36 AVE SW Calgary, AB T2T 1V9
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Key Details
Sold Price $1,115,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Altadore
MLS® Listing ID A2028347
Sold Date 03/30/23
Originating Board Calgary
Year Built 1977
Annual Tax Amount $7,064
Tax Year 2022
Lot Size 7,351 Sqft
Acres 0.17
Property Description
One of a kind 5plex in Altadore within walking distance to transit and the numerous diverse shops and trendy restaurants throughout Marda Loop. Perched on huge 50x148 FEET LOT with an MC-1 zoning ideal for future redevelopment! Amazing cash flow property with gross annual rent of $77,220 with lots of potential to bump up rents in this hot rental market! Each unit is a spacious 2 bedroom and 1 bathroom. The 5th unit has potential to add a basement bachelor suite bumping up the unit count to 6! Offered at a solid NOI of $57,000 with close to 5% cap rate. Call for more details and expenses, rent rolls and the floor plan can be found in the supplements.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C1 d100
Building
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 76439991
Ownership Private
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