1516 29 Avenue Sw, Calgary, Alberta

$1,325,000

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1,650

Square feet

0.14

Acres

About 1516 29 Avenue Sw

INVESTOR 4 plex with prime inner city location for future land appreciation to add to your investment return. Current REVENUE of $73,200/year in a inner city LOCATION with quick access to downtown and the popular Marda loop community. Three 2 bedroom suites plus a 1 bedroom suite. Front entrance main level has two 2 bedroom units, Rear entrance has a walk out basement access for the 2 lower level units. Double garage with lane access. The current increasing demand for rentals offers the opportunity to increase the current income from $73,200/year.

Features of 1516 29 Avenue Sw

MLS® # A2131438
Price $1,325,000
Bathrooms 0.00
Square Footage 1,650
Acres 0.14
Year Built 1951
Type Multi-Family
Sub-Type 4 plex
Style 2 Storey, Up/Down
Status Active

Community Information

Address 1516 29 Avenue Sw
Subdivision South Calgary
City Calgary
County Calgary
Province Alberta
Postal Code T2T 1M3

Amenities

Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Appliances Electric Stove, Refrigerator
Fireplace No
Has Basement No

Additional Information

Date Listed May 12th, 2024
Days on Market 11
Zoning M-C1 d75
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxWell Capital Realty

Listing Map