LOADING

111 23 Avenue Sw Calgary, Alberta T2S 0H9

8920 sqft
None

$2,350,000

Once in a lifetime opportunity to own this entire 4 story, 11 unit building located in the heart of Mission, just steps away from Elbow River! Hidden amongst the trees and surrounding high-rises, the location of this property is incredibly quiet at the very East end of 23rd Avenue SW. The hustle and bustle of downtown is almost non-existent in this little pocket of the city centre, but restaurants and amenities of Mission and 17th Ave are literally at your doorstep. The building has 3 two bedroom units and 8 one bedroom units. Loved and appreciated by the same owner for the last 20 years and long-term tenants, current rent is below market, but projected monthly rental income is over $12,000. The building sits on a 6501 sqft lot with the potential for redevelopment. Renovations and updates have been made to units on an ongoing basis. The building has also had recent upgrades & improvements to the parkade, and new exterior stucco, windows and patio doors in 2021. The boiler system and Hot water heater were replace in 2013. This property must be seen to realize its true potential and to see how special it really is. Don't miss out on this opportunity - call today! The roll roll and borchure are in the supplements. (id:36938)

Property Details

MLS® Number A1238944
Property Type Multi-family
Community Name Mission
Features Treed, Back Lane, Lane, Level
Parking Space Total 11
Plan B1
Road Type Paved Road
Total Buildings 1

Building

Basement Type Unknown
Ceiling Height 96 In
Constructed Date 1971
Construction Material Wood Frame
Cooling Type None
Exterior Finish Brick, Stucco
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Size Exterior 8920 Sqft
Size Interior 8920 Sqft
Total Finished Area 8920 Sqft
Type Multi-family

Land

Acreage No
Size Depth 39.62 M
Size Frontage 15.24 M
Size Irregular 604.00
Size Total 604 M2|4,051 - 7,250 Sqft
Size Total Text 604 M2|4,051 - 7,250 Sqft
Zoning Description Dc Pre 1p2007

https://www.realtor.ca/real-estate/24658093/111-23-avenue-sw-calgary-mission