Courtesy Of RE/MAX HOUSE OF REAL ESTATE

1610 28 Avenue Sw, Calgary

$1,790,000


GREAT INVESTMENT OPPORTUNITY for 9 UNIT (x6 - 1 bedroom units and x3 - 2 bedroom units) in the heart of South Calgary! THIS PROPERTY GENERATES over $86,740 NET ANNUAL INCOME with potential to bump up rents!! Massive 1400 square foot plus basement unit built on top of the garage with it's own private balcony and garage, that used to be the owner's suite! Roof, Windows and Boiler all RENOVATED within the last 10 years +/-. MC-1 zoning with huge 87.5 x 125 foot lot - amazing opportunity for re-development in the future & great LAND VALUE! 9 Parking stalls + garage for additional monthly revenue stream! Perfect multi-family for holding (cash flow) or renovating/flipping with re-development potential! Opportunities like this rarely come on the market, and in such a PRIME location! Just a quick drive to the trendy Marda Loop community, a 5 minute drive to 17th Avenue, 8 minute drive to Mt.Royal University and within walking distance to multiple green parks, renting units will never be a problem!!

Essential Information
MLS® #A1145720
Price$1,790,000
Bathrooms0.00
Acres0.00
Year Built1960
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address1610 28 Avenue Sw
SubdivisionSouth Calgary
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2T 1J4
Amenities
Parking Spaces11
Additional Information
Date ListedSeptember 10th, 2021
Days on Market45
ZoningM-C1
Listing Details
Office

Courtesy Of RE/MAX HOUSE OF REAL ESTATE

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