Property Details

211 6 Street NE
Calgary (A2314434)

$1,800,000
7,981 ft²
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Interest Rate
Loan Amount
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* Amounts are estimates only. Final payment amounts may vary.

Description

Exceptional opportunity to acquire a well-maintained 8-unit apartment building in a desirable inner-city location. Built in 1970, this income-producing property features an attractive unit mix consisting of seven 2-bedroom units and one 1-bedroom unit.. The building has benefited from significant capital improvements, including an updated boiler system in 2018 and two hot water-on-demand systems installed in 2022, helping to enhance operational efficiency and reduce future maintenance costs. Tenants enjoy the convenience of seven rear parking stalls, in this central location. Ideally situated close to downtown, public transit, shopping, schools, parks, and major employment hubs, this turnkey multifamily asset offers investors stable cash flow, strong tenant appeal, and long-term appreciation potential. Whether you're looking to expand your portfolio or secure a quality income-producing property, this 8-plex presents an outstanding investment opportunity in one of Calgary's established rental markets.

Property details

Basic Info

MLS® #
A2314434
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
Bridgeland/Riverside
Price
$1,800,000
Sale/Lease:
For Sale
Size:
7,981 sq.ft.
Year Built:
1970 (56 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
8 Fridges, 8 Stoves, 1 Washer, 1 Dryer

Lot / Land Info

Lot Size:
0 acres
Zoning:
MU-2 f3.0h16

Listing Info

Possession:
Negotiable
Days on Market:
27
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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