131 15 Avenue Se Calgary, Alberta T2G 1G1

5562 sqft
Forced Air


Fantastic Investment Opportunity! Well maintained 8 Unit building located in the heart of Calgary's Cultural & Entertainment District. 8 - 1 Bedroom Units benefit from a fire suppression system and onsite caretaker. Updates include new roof (2012), new furnaces, hot water tanks and laundry (2013). Several units have the original claw foot tubs and new bathroom flooring. Your future tenants won't need to worry about needing a vehicle, this property offers easy access to transit, walking distance to amenities and Downtown. Steps to the Victoria Park / Stampede C-Train station. Zoned CC-X makes this the perfect development property. Property currently makes $79,500/annum (based on full occupancy) with the ability to make $124,000/annum. This property could be acquired along 2 neighbouring sites also currently listed along Macleod Tr for a great redevelopment project (See: 1501 & 1503 1 St SE) (id:49663)

Property Details

MLS® Number A2072681
Property Type Multi-family
Community Name Beltline
Features Level
Plan C
Total Buildings 1


Constructed Date 1912
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 5562 Sqft
Size Interior 5562 Sqft
Total Finished Area 5562 Sqft
Type Multi-family


Acreage No
Size Depth 30.49 M
Size Frontage 10.19 M
Size Irregular 323.00
Size Total 323 M2|0-4,050 Sqft
Size Total Text 323 M2|0-4,050 Sqft
Zoning Description Cc-x


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