246 248 20 AV Nw, Calgary MLS® C4105525 Listing
246 248 20 AV Nw, Calgary Alberta, MLS® C4105525
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
|Sub Type:||Multi Unit|
James Berg - RE/MAX Real Estate (Central)
Listing Courtesy: RE/MAX REAL ESTATE (CENTRAL)
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