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$3,255,000
Est. payment /mo
9,989 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 9989
Square Footage 9,989 sqft
Price per Sqft $325
Subdivision Beltline
MLS® Listing ID A2356067
Year Built 1910
Lot Size 5,059 Sqft
Acres 0.11613953
Property Sub-Type Freehold
Property Description
Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention.The property has undergone extensive upgrades, including: • Redecorated suites • New boiler installed circa 2016 • Updated electrical system, including electrical panel • Plumbing upgrades completed in 2012 • Roof replaced circa 2018 2019 • Low-maintenance landscaping with a small outdoor patioThis turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval.An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, , Radiant heat
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
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Listed by Michael Fleming Realty Corp.
NEARBY SCHOOL & BUSINESS
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