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$ 1,050,000

246 & 248 20 AV NW, Calgary, AB, T2M 1C2

Listing ID# C4105525
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$ 1,050,000

  • 246 & 248 20 AV NW
    Tuxedo, Calgary, AB T2M 1C2
  • Listing ID C4105525
  • Building Type: Commercial
  • Space: 2600 sq ft
  • Status: For Sale/Active
  • Days on Market: 331
  • Age of Building (yrs): 39

Property Description

Over $8,000/mo income. SxS duplex w/ sep. titles, RC-2 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 3/4 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 some 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 fiscal yr NOI of over $84,750 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.




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