$700,000
FOR SALE

Duplex

Bedrooms: 6+2Bathrooms: 5Lot: 7.61 x 36.57 mTotal Area: 2,097.58 ft2

217 25 Avenue Northeast
Calgary, AB T2E 1Y2

UNIQUE INVESTMENT OPPORTUNITY!! 3 GRANDFATHERED suites EACH SIDE totalling 6 illegal suites that MUST BE PURCHASED TOGETHER next door but you can FINANCE RESIDENTIALLY. This Multi-family development has 2 separate titles for 217 & 219 sides, giving investors the option to finance residentially! Located in the PRIME area of Tuxedo Park, this development offers 6 UNITS (x3 - 2bedroom units & x3 - 3 bedroom units)!! **See below for detailed unit breakdown** With just short of $70K of NET ANNUAL INCOME and potential to increase rents, this property is perfect for holding & cash flowing or can be re-developed in the future! Well kept, clean & maintained, each of the 2nd & top floor units have a balcony and the rear of the building provides 4 parking stalls for residents! Located 5 minutes from 16th Avenue, 8 minute drive to SAIT, transit routes within walking distance and easily accessible to core downtown Calgary, this development has great appeal to students & working professionals! Unit Breakdown: 217 25 Ave NE (West Side): 217A (Top Floor) - 2 Bedrooms with 1.5 Bathrooms, 217B (2nd Floor) - 3 Bedrooms with 1.5 Bathrooms, 217C (Basement) - 2 Bedrooms with 1 full Bathroom ! 219 25 Ave NE (East Side): 219A (Top Floor) - 3 Bedrooms with 1.5 Bathrooms, 219B (2nd Floor) - 3 Bedrooms with 1.5 Bathrooms, 219C (Basement) - 2 Bedrooms with 1 full Bathroom. (id:47421)
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Listed By RE/MAX HOUSE OF REAL ESTATE
Data Provided By Calgary Real Estate Board
MLS® Listing Number A1153312
Last Updated Jan 03, 2022
Property Summary
Property Type Duplex
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 6+2
Bathrooms 5
Lot 7.61 x 36.57 m
Total Area 2,097.58 ft2

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