527 18th 15 -1 BR apts tastefully upgraded in Cliff Bungalow/Mission. Units are approx 500-525 sf in size. Ideally located with a short walk to the shops, restaurants and amenities of 4th St SW and 17th Ave SW. Extensive capital expenses have been made... new owner just needs to bring the rents up to the market rents. UPGRADES 2014 - new boiler and hot water tank, 2015 - electrical upgrades to laundry room, 2017 - DURO-LAST roof installed with 1% sloped insulation package. 2018 - replaced front sidewalk and landing 2020-2021 - replaced front and rear doors with steel door, replaced intercom system. 2022 - replaced 15 unit doors. 2023 - replaced common area windows and replaced common area carpet tiles. Previous owners replaced unit windows and put duradek on the 12 balconies. Existing mortgage is to be assumed. (see supplements)
Address
527 18 Avenue SW
List Price
$3,290,000
Property Type
Commercial
Type of Dwelling
Multi Family
Area
Calgary CC
Sub-Area
Cliff Bungalow
Lot Size
5995 Sq. Ft.
Year Built
1962
MLS® Number
A2151129
Listing Brokerage
Michael Fleming Realty Corp.
Postal Code
T2S 0C6
Zoning
M-C2
Site Influences
Back Lane, City Lot, Low Maintenance Landscape