Property Details

Featured in:

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Featured in:

Winners:

4503 73 Street NW
Calgary (A2296807)

$3,450,000
159,812 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

Exceptional opportunity to acquire a 17-unit multifamily building in the highly desirable community of Bowness. Situated on a large 65’ x 140’ corner lot, this property offers strong fundamentals and long-term upside in a prime location. The building consists of all one-bedroom units (17 total), providing a highly desirable and easy-to-manage rental mix. Originally constructed as a 14-unit building, an additional 3 suites were added in the lower level, optimizing the overall layout and revenue potential. Over the years, the property has benefited from numerous upgrades, including newer sliding doors on all units, cosmetic updates throughout many suites, and recently painted common areas, contributing to strong tenant appeal. The site features 14 parking stalls, adding convenience for tenants and enhancing overall functionality. With professional property management already in place, this is a true turnkey investment opportunity ideal for investors seeking a well-located, stabilized multifamily asset

Property details

Basic Info

MLS® #
A2296807
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
Bowness
Price
$3,450,000
Sale/Lease:
For Sale
Size:
159,812 sq.ft.
Year Built:
1978 (48 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
Items associated with the daily operation of the property

Lot / Land Info

Lot Size:
0.26 acres
Zoning:
M-C1

Listing Info

Possession:
Negotiable
Days on Market:
1
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Grassroots Realty Group Ltd.
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