$1,230,000
$1,399,900
12.1%For more information regarding the value of a property, please contact us for a free consultation.
2123 5 ST SW #1-7 Calgary, AB T2S2B5
2,990 SqFt
Key Details
Sold Price $1,230,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,990 sqft
Price per Sqft $411
Subdivision Cliff Bungalow
MLS® Listing ID A2122356
Sold Date 07/01/24
Originating Board Calgary
Year Built 1912
Annual Tax Amount $5,980
Tax Year 2023
Lot Size 351 Sqft
Acres 0.01
Lot Dimensions 27' x 140
Property Description
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.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-CG d72
Interior
Heating Baseboard, Boiler, Hot Water, Natural Gas, Zoned
Appliance Dryer, Washer
Laundry In Basement
Exterior
Parking Features Alley Access, Assigned, Parking Lot, Stall
Garage Description Alley Access, Assigned, Parking Lot, Stall
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Balcony(s), Deck, Front Porch
Lot Frontage 27.1
Total Parking Spaces 5
Building
Lot Description Near Shopping Center, Near Public Transit, Rectangular Lot
Story 3
Foundation Poured Concrete
Structure Type Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 83227336
Ownership Private
Read Less
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