Listing Details

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Data was last updated 2024-04-11 at 18:20:04 GMT

1-7, 2123 5 Street SW   Calgary, Alberta

$1,399,900
MLS®: A2122356
This property is 7 individual units. 5x 1 bedroom, 1 bath. 1 Studio and 1x 2 bedroom.  The monthly rent of the units currently range from $1,100 - $1,400 but are below market value. Refer to the rent roll for the suggested rental increases. The owner also owns the building to the north for development opportunities. The combined frontage would reach 70' and 140' depth with a west facing backyard. Welcome to a timeless investment opportunity in the heart of Cliff Bungalow! This charming multi-family apartment building, built in 1911, exudes character and history while offering a sought after living experience of the incredible location. Comprising seven distinct units, this property is a testament to architectural longevity.  This kind of property doesn't come up often so don't miss out.

This property is 7 individual units. 5x 1 bedroom, 1 bath. 1 Studio and 1x 2 bedroom. The monthly rent of the units currently range from $1,100 - $1,400 but are below market value. Refer to the rent roll for the suggested rental increases. The owner also owns the building to the north for development opportunities. The combined frontage would reach 70' and 140' depth with a west facing backyard. Welcome to a timeless investment opportunity in the heart of Cliff Bungalow! This charming multi-family apartment building, built in 1911, exudes character and history while offering a sought after living experience of the incredible location. Comprising seven distinct units, this property is a testament to architectural longevity. This kind of property doesn't come up often so don't miss out.

Listing Information

Prop. Type:
Apartment
Status:
Active
City:
Calgary
Neighbourhood:
Cliff Bungalow
Area:
Calgary
Province:
Alberta
MLS® Number:
A2122356
Listing Price:
$1,399,900

General Information

Year Built:
1912
Total Square Feet:
2991ft2

Additional Information

Parking:
Alley Access, Assigned, Parking Lot, Stall

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This property is listed by RE/MAX First and provided here courtesy of Martin Durocher. For more information or to schedule a viewing please contact Martin Durocher.
Martin Durocher
RE/MAX Real Estate (Central)
Phone: 4035855401
Mobile Phone: 403-585-5401
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.