5000 sqft
$2,250,000
Welcome to a prime real estate opportunity in the heart of a bustling and regentrifying neighborhood! Presenting an exceptional ALTADORE concrete-constructed 8-PLEX, situated on an expansive 75' x 125' lot spanning 3 INNER-CITY LOTS. Can be combined with 2 lots next door (MLS A2107092) for a TOTAL OF 5 CITY LOTS and 125 FOOT FRONTAGE. Nestled on a peaceful dead-end street, this property boasts a solid structure and meticulous maintenance.This well-established 8-PLEX, offered for the first time, stands as a testament to quality construction and enduring appeal. With executive homeowners as neighbors, this multi-family gem is strategically located just 3 blocks from Marda Loop's main commercial corridor of Richmond Road, offering a perfect blend of tranquility and accessibility.Featuring a thoughtful layout, the property comprises 3 spacious 2-bedroom units and 5 comfortable 1-bedroom units. Seven of the units provide the luxury of private balconies, allowing residents to unwind amidst a serene environment. Long-term, contented tenants attest to the desirability and satisfaction this property offers.For the convenience of residents, there are 8 paved off-street parking spots at the rear of the property, ensuring hassle-free parking in this high-demand area. A communal coin-operated washer and dryer provide practicality, and there's ample space in each unit for those who prefer to install in-unit laundry.This 8-PLEX sits in a marquis neighborhood that is currently undergoing a revitalization, making it an attractive buy and hold investment. Whether you're a seasoned investor or a savvy homeowner seeking an income-generating property, this is an opportunity not to be missed. Embrace the potential of this concrete-constructed gem in a location that combines the charm of a quiet dead-end street with the vibrancy of a rapidly regentrifying area. Secure your stake in this executive enclave – a wise investment for the discerning buyer! (id:40616)
Property Details
MLS® Number
|
A2100250 |
Property Type
|
Multi-family |
Community Name
|
Altadore |
Features
|
See Remarks, Back Lane |
Parking Space Total
|
8 |
Plan
|
875ad |
Building
Constructed Date
|
1970 |
Size Exterior
|
5000 Sqft |
Size Interior
|
5000 Sqft |
Total Finished Area
|
5000 Sqft |
Type
|
Multi-family |
Land
Acreage
|
No |
Size Depth
|
38.4 M |
Size Frontage
|
22.9 M |
Size Irregular
|
877.00 |
Size Total
|
877 M2|7,251 - 10,889 Sqft |
Size Total Text
|
877 M2|7,251 - 10,889 Sqft |
Zoning Description
|
M-c1 |
https://www.realtor.ca/real-estate/26392721/2119-36-avenue-sw-calgary-altadore