Property Details

Featured in:

Winners:

Featured in:

Winners:

4323 75 Street NW
Calgary (A2296391)

$2,149,999
7,920 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Incredible investment opportunity to own a highly coveted 8-plex, backing onto a park and green space, in the heart of Bowness. This special building has displayed pristine condition for over 40 years. The current owner continued with meticulous pride in ownership after the previous owner who held the property for over 35 years. This buildings has maintained near 100% tenancy since it was purchased and continues to be a sought-after, income producing, building. Featuring 6 - large, 2 bedroom units, and 2 - large, 1 bedroom units, all with their own dedicated balcony, in-suite storage and paved parking stall. The units and common area are in good to great repair with paint, appliances, flooring, fixtures etc. upgraded or replaced as necessary. Additionally, the building has coin operated washer and dryer, plus a security cameras with video surveillance, available on your web connected device. Also included are items in the "general store"; a large storage room the previous owner established that holds a plethora of extra's and maintenance items. 8-plex's rarely hit the market, rarer still, buildings of this quality and marketability.

Property details

Basic Info

MLS® #
A2296391
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
Bowness
Price
$2,149,999
Sale/Lease:
For Sale
Size:
7,920 sq.ft.
Year Built:
1972 (54 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
Refrigerators (8), Stoves (8), Hood fans (8), Washer & Dryer (Coin operated), Security cameras (6), Security System, Unit & Mail keys (8 sets), Window coverings (all non-tenant owned), Various Maintenance and Repair Items.

Lot / Land Info

Lot Size:
0.26 acres
Lot Dimensions:
75' x 150
Zoning:
M-C1

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Foundation:
Poured Concrete
Heating:
Baseboard, Boiler

Listing Info

Possession:
Immediate
Days on Market:
3
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Grassroots Realty Group Ltd.
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