Space
Finished area and layout
- Living Area
- 5,200 sqft
- Above Grade
- 5,200 sqft
- Finished Breakdown
- Above 5,200 sqft
- Building Area
- 5,200 sqft
+26 more
5,200 sqft
Living Area
480 sqft
Lot
1973
Year Built
Property Snapshot
Key details for this listing
MLS #A2333975
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
About This Property
This multi-family in Calgary offers 5,200 sqft of living area on a 480 sqft lot. Built in 1973. The property has lot dimensions of 480.00.
MLS Remarks
Classic Brick-and-Mortar Investment is what this 7-Suite Concrete Apartment Building is all about, with current revenue of $133,500 per year. Positioned in the heart of high-demand Bridgeland, this well-maintained 7-suite concrete building offers a annual turn-key revenue opportunity for the savvy investor. Featuring six spacious 2-bedroom units and one bachelor suite. Every apartment enjoys a private balcony, a secure storage unit and a warm, welcoming layout that attracts and retains long-term tenants.Property Highlights: Convenient Parking: On-site rear surface parking eliminates street parking - no on street parking headaches for residents. Prime Location: Steps from public transit with quick, direct access to downtown Calgary and local amenities. Proactive Capital Upgrades: Capital expenditure risks are minimized thanks to significant recent improvements over the last 8 years: Hallways, common areas, and flooring upgraded (2 years ago) Windows and exterior doors replaced (4 years ago) Roof replaced (5 years ago) Water heater replaced (8 years ago). New Replacement Boiler in Storage, if required.Personally maintained with pride of ownership, this solid concrete asset yields stable cash flow with stable long-term upside. A fantastic turn-key addition to any real estate portfolio. A rock-solid, turn-key investment property ready for long-term equity growth and stable rental yield. Full Proforma available on request. (id:60351)
Full Listing Details
Address655 4 Avenue NE
MLS#A2333975
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market83
Common InterestFreehold
Annual Tax$11,238 (2026)
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
Year Built1973
Living Area5,200 sqft
Above Grade Area5,200 sqft
CityCalgary
ProvinceAlberta
Postal CodeT2E0J9
SubdivisionBridgeland/Riverside
Lot Size480 sqft
Lot Dimensions480.00
Zoning DetailsM-CG d111
Annual Tax$11,238 (2026)
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