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Lowest "Price per Door" apartment building in Calgary between 1-2 million dollars! Excellent 8-Plex on a quiet street in Tuxedo! Professionally managed for many years. This building features brick-facing around the entire exterior, 8 - 1 bedroom units (approx. 505sf) with a common laundry area and 6 paved parking spots in the rear. Rents are currently below market prices but could easily be raised once renovated. Two of the units have been upgraded with newer cabinets, fridge, stove and dishwasher and newer bathroom fixtures and flooring. The other units are for the most part in original condition with some newer flooring, sinks and countertops in specific units. This investment has the potential of a 4.99% Cap Rate. NOTE: No sign on the property. Please DO NOT approach or disturb the tenants! Thank you for your cooperation.
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Listing information last updated on May 25th, 2020 at 8:30pm MDT.