I have sold a property at 1-4 1111 15 AVENUE NE in Calgary

I have sold a property at 1-4 1111 15 AVENUE NE in Calgary. See details here

Renovated 4 Plex located on a quiet street in the popular inner-city community of Renfrew! Featured on a huge 50' x 120' lot. This revenue generating property is fully rented with long term tenants that would like to stay. The building features 2 X 3 bedroom and 2 x 1 bedroom units that bring in over $60K a year. The top 2 floors are both 3 bedroom units have been completely renovated, all the units feature vinyl plank/hardwood floors and are very quiet & spacious, with huge windows that bring in lots of natural light. Structurally this property is in great shape with a newer roof (2013), newer windows (2013) and a high efficiency boiler (2006). Lots of street parking out front & an oversized parking lot in the back. This building has been very well cared for and features a large back yard with a common area for the tenants. Adults only occupied & no pets & no smoking building. Located walking distance to the Renfrew recreation center, shopping & restaurants. Quick access to 16th Ave and Deerfoot Trail, transit out front, schools close by and a very short commute downtown! This building is in the perfect location for a revenue property! Extra income from coin operated Laundry. Total revenue of $62,400/yr. Long term tenants, please do not approach tenants. This an EXCELLENT investment for immediate cash flow & future redevelopment opportunities. *For Sale by Owner

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