728 14 Avenue Sw, Calgary, Alberta T2R 0N1

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List Price
$3,255,000
Status
ACTIVE
MLS® #
A2356067
Days on Market
1
Year Built
1910
Area
Calgary
Community
Beltline
Building Name
The Stein

Property Description

Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention. The property has undergone extensive upgrades, including: • Redecorated suites • New boiler installed circa 2016 • Updated electrical system, including electrical panel • Plumbing upgrades completed in 2012 • Roof replaced circa 2018 2019 • Low-maintenance landscaping with a small outdoor patio This turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval. An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements.

Additional Information

Heating
Baseboard, Boiler, Natural Gas, Radiant
Roof
Asphalt Shingle
Acres
0.12

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Calculator source: Real Geeks

Courtesy of Michael Fleming Realty Corp..

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .