LOADING

217, 219 25 Avenue Ne Calgary, Alberta T2E 1Y2

7800 sqft

$1,400,000

OPTION TO FINANCE AS RESIDENTIAL INVESTMENT!!! This Multi-family development has 2 separate TITLES, giving investors the option to finance residentially! Located in the PRIME area of Tuxedo Park, this development offers 6 UNITS (x3 - 2bedroom units & x3 - 3 bedroom units)!! **See below for detailed unit breakdown** With just short of $70K of NET ANNUAL INCOME and potential to increase rents, this property is perfect for holding & cash flowing or can be re-developed in the future! Well kept, clean & maintained, each of the 2nd & top floor units have a balcony and the rear of the building provides 4 parking stalls for residents! Located 5 minutes from 16th Avenue, 8 minute drive to SAIT, transit routes within walking distance and easily accessible to core downtown Calgary, this development has great appeal to students & working professionals!Unit Breakdown:217 25 Ave NE (West Side)217A (Top Floor) - 2 Bedrooms with 1.5 Bathrooms217B (2nd Floor) - 3 Bedrooms with 1.5 Bathrooms217C (Basement) - 2 Bedrooms with 1 full Bathroom219 25 Ave NE (East Side)219A (Top Floor) - 3 Bedrooms with 1.5 Bathrooms219B (2nd Floor) - 3 Bedrooms with 1.5 Bathrooms219C (Basement) - 2 Bedrooms with 1 full Bathroom (id:42543)

Property Details

MLS® Number A1145759
Property Type Multi-family
Community Name Tuxedo Park
Plan 2617ag

Building

Basement Type Unknown
Constructed Date 1979
Size Exterior 7800 Sqft
Size Interior 7800 Sqft
Total Finished Area 7800 Sqft
Type Multi-family

Land

Acreage No
Size Total Text Unknown
Zoning Description R-c2

https://www.realtor.ca/real-estate/23624859/217-219-25-avenue-ne-calgary-tuxedo-park

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