Miranda Moser - 403-470-0021

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Detached in Calgary

$599900.00
1025 9 Street - MLS® #: C4108723
  • (106)
  • 249
  • 50
  • 6 Bedrooms
  • 2.00 Bathrooms
  • - Sq Ft
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Miranda Moser
Contact Agent
403-470-0021

Property Type

Detached

Description

Amazing value!! This investment opportunity presents tremendous cash flow in an exciting, up-and-coming inner-city neighbourhood. Ramsay’s redevelopment plan includes plans for a Green Line C-train stop & is already one of the most walkable communities in the city. The proximity & ease of access will help attract tenants for years to come. The well-maintained house is rented out to seven separate tenants including rental income from the 26’x24’ garage. The rooms have been easy to fill with virtually no vacancy over past five years. Alternatively, the house could be easily updated & converted back to single-family use. The land is a 33’x150’ rectangular lot zoned R-C2 on a lovely, tree-lined street with lots of new development in the surrounding blocks. The extra-deep lot with sunny west backyard provides opportunity to redevelop to a large 3-storey home with incredible downtown views. Over $40,000 revenue in 2016. Contact agent for Investor Package

Property Details

Foundation
Concrete

Subarea
Calgary

Parking Type
2

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Listing data last updated date: 2017-06-19 15:23:43

Not intended to solicit properties currently listed for sale.The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. The trademarks MLS®, Multiple Listing Service and the associated logos are owned by CREA® and identify the quality of services provided by real estate professionals who are members of CREA®. REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

Listing Agent: Amie Hautz

Brokerage: CENTURY 21 BAMBER REALTY LTD.