631 9a St Nw

$1,699,000, 7,721 Sqft

About This Property

This is the only CONCRETE apartment building FOR SALE in NW Calgary! Fantastic location in Sunnyside! Steps to LRT station, walk to shops, restaurants etc. CONCRETE construction with 100% parking. Great mix of 5-1 bedrooms (approx. 550sf) and 4 - 2 bedrooms units (approx. 750sf). This building is always full and easy to rent. One tenant has been there 26 years! Great potential to add value and increase rents as current rents are under market rates! Common laundry and bike storage rooms on first floor. Boiler serviced yearly. New H20 tank in 2017. One unit fully renovated. Other units have had a variety of upgrades over the years. This investment has the potential of at least a 4.4% Cap Rate. Note: This building is located on the West side of the LRT tracks. Enter it from 10th Street & 5th Avenue.

Essential Information

MLS® #C4270662
Price$1,699,000
Bathrooms0.00
Square Footage7,721
Acres0.00
Year Built1970
TypeCommercial
Sub-TypeMulti Family
StatusActive

Community Information

Address631 9a St Nw
SubdivisionSunnyside
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2N 1T9

Interior

HeatingBaseboard

Additional Information

ZoningM-C2

Listing Details

OfficeRE/MAX REAL ESTATE (CENTRAL)

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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on August 12th, 2020 at 6:15pm MDT.

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