1740 28 ST SW

Multi Family For Sale in Shaganappi, Calgary CC

  • 12,232 Sq. Ft.
  • Built 1966
2 well-kept concrete block apartment buildings are ideally located along 17th Ave SW, walking distance to all amenities, shopping, public transit & a quick access to downtown. Two identical 3-storey buildings consisting of 11-1 bedroom units, that have been strata titled with 22 separate units. The complex has been well maintained over the years, many upgrades/ renovations. Newer hardwood flooring throughout. Newer toilets, bathtubs & vanities in each bathroom. Maple cabinets w/modern espresso stain, S/S appliances & dishwashers in each kitchen. Each unit has its own storage room w/plumbing hook ups for in-suite laundry & 100% parking. Common areas have newer tile flooring & freshly painted. Newer boilers and hot water tanks, windows & patio doors throughout both buildings. Incredible value as a long-term investment property, or potential re-development as the lot is 145’ x 118’ and would make an ideal mixed use site. Rarely does an opportunity like this come available! property generates $250,000/year.
Address 1740 28 ST SW
List Price $2,999,000
Property Type Commercial
Type of Dwelling Multi Family
Area Calgary CC
Sub-Area Shaganappi
Floor Area 12,232 Sq. Ft.
Year Built 1966
MLS® Number C4165557
Postal Code T3C 1L9
Zoning MC1
Site Influences Views, Level, Near Shopping Center, Landscaped, Near Public Transit, Back Lane