Bankview Homes, City Centre, Calgary

Bankview Homes, City Centre, Calgary

Bankview Homes, City Centre, Calgary
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  • 1820 17 Street SW in Calgary: Bankview Multi Unit for sale : MLS®# C4139895

    Main Photo: 1820 17 Street SW in Calgary: Bankview Multi Unit for sale : MLS®# C4139895
    • Exceptional curb appeal from front.
    • Back of building features 6 energized parking stalls.
    • Wow!  Check out the view from the roof!  Several suites also have great city views!
    • Spacious 2 bedroom units feature a functional floor plan contemporary open concept layout
    • One bedroom units feature a smart floorplan that attracts and maintains great tenants.
    • All kitchens have been fully renovated and feature stainless appliances!
    • 1 Bedroom unit.  Features loads of space and great natural light.
    • Your tenants will appreciate the abundance of storage space!
    • All suites feature in-suite laundry.
    • All bathrooms have been completely renovated
    • Common areas have been upgraded and well maintained.
    • Double garage used as storage but could be easily converted to an additional source of rental income.
    $1,595,000
    Commercial
    Status:
    Active
    MLS® Num:
    C4139895
    Rarely does a turn-key, apartment building of this quality become available. All you have to do is sign the paperwork and start cashing cheques. Gross income is $113,580 with room to improve. NOI is $76,203. 4.7 Cap Rate. Your new 8 unit building is a solid concrete construction with brick exterior. No post tension cables to be concerned about. This one is almost all new. Roof, boiler, hot water tank, and windows have all been recently replaced. The suite mix is awesome with 5 spacious 2 bedroom units and 3 good sized one bedroom units. All of the units have been completely renovated with new floors, kitchen, bathrooms, etc. All suites also feature their own laundry. Several suites have exceptional downtown views. All of this leads to a building that attracts and retains high quality tenants. The building is already condo titled which allows for some creative buying strategies and multiple exit strategies as well. Don’t delay, this one is expected to sell quickly! Taxes are $9,748 for 2017. Taxes in proforma are June 2016 to June 2017. No condo fees currently; building is being operated as a multi-family building. **Seller may consider carrying some financing OAC. More details
    RE/MAX ROCKY VIEW REAL ESTATE
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Listing information last updated on April 20, 2018 at 04:13 AM (UTC)

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