131 15 Avenue SE
Fantastic Investment Opportunity! Well maintained 8 Unit building located in the heart of Calgary’s Cultural & Entertainment District. 8 – 1 Bedroom Units benefit from a fire suppression system and onsite caretaker. Updates include new roof (2012), new furnaces, hot water tanks and laundry (2013). Several units have the original claw foot tubs and new bathroom flooring. Your future tenants won’t need to worry about needing a vehicle, this property offers easy access to transit, walking distance to amenities and Downtown. Steps to the Victoria Park / Stampede C-Train station. Zoned CC-X makes this the perfect development property. Property currently makes $79,500/annum (based on full occupancy) with the ability to make $124,000/annum.
Price Details
List Price:
$1,250,000
Property Tax:
$7,228
Strata Maintenance Fees:
N/A
Home Facts
Units:
8
year built:
Built in 1912 (113 yrs old)
Renovation:
2013
title:
Freehold NonStrata
style:
Free-Standing
Neighbourhood:
Beltline
English 
Chinese