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FOR SALE $1,050,000.00
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246 248 20 AV Nw, Calgary MLS® C4105525 Listing

246 248 20 AV Nw, Calgary Alberta, MLS® C4105525 T2M 1C2 listed $1,050,000.00, 2,600 Sq Ft Commercial, 0 bedrooms, 0 bathrooms located in Tuxedo Park Over $9,000/mo income. Sxs duplex w/ sep. Titles, rc2 zoning. 1300 sqft units w/ fp's upper units are 3 large br's, full bath plus a 2 pce ensuite bath, huge kitchen, dr, lr, laundry rm., Lower units are 3 br w/out ensuite. All 4 units currently rented lower units not deemed legal due to zoning, 4 updated furnaces 2014, 4 updated hot water tanks, 4 laundry rooms w/ 4 ws/dr, 4 fridges, 4 stoves, 3 dishwashers. Units are very bright with south exposure, 248 a & b have acquired renovations (baths, laminate floors, paint, light fixtures, lower units ceiling insulation for sound attenuation, etc). Operating under lucrative short term rental via internet booking company system (fully furnished). 246 a & b are long term tenants. Double garage w/ party wall at rear with 2 additional parking stalls on either side of garage. Excellent inner city location split b. Centre and 4th street nw, close to sait, uofc, downtown, shopping, schools and major traffic routes. Projected noi of nearly $100,000./Year

Property has experienced numerous upgrading and maintenance over the last decade including furnaces, roofing, exterior brick maintenance, electrical upgrades, flooring, ceiling insulation b. upper/lower units. May, June, July, Aug rent roll in excess of $9,000./month

Information

MLS®: C4105525
Price:1,050,000.00
Type:Commercial
Sub Type:Multi Unit
Acres:0.14
Frontage:15.20

Interior Snapshot

Sq Ft:2,600


Listing Details

Address:246 & 248 20 Avenue Nw
City:Calgary
Region:Calgary
Province:Alberta
Community:Tuxedo Park
Postal CodeT2M 1C2
SchoolsTuxedo Park Schools

Exterior Construction

Year Built:1979
Construction:Wood Frame
Lot Size:580m


Site Influences

  • Back Lane
  • Flat Site
  • Public Transportation
  • Shopping Nearby

James Berg - RE/MAX Real Estate (Central)

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Office: 403-216-1600

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Listing Courtesy: RE/MAX REAL ESTATE (CENTRAL)

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Tuxedo Park Real Estate Market Statistics


  • Properties in Tuxedo Park44
  • Homes in Tuxedo Park30
  • Apartments in Tuxedo Park5
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James Berg - RE/MAX Real Estate (Central)

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Office: 403-216-1600

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