Capitol Hill, City Centre, Calgary

Capitol Hill Homes, City Centre, Calgary
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  • 1420 18 Avenue NW in Calgary: Capitol Hill Hotel/Motel for sale : MLS®# C4202427

    Main Photo: 1420 18 Avenue NW in Calgary: Capitol Hill Hotel/Motel for sale : MLS®# C4202427
    $368,800
    Commercial
    Status:
    Active
    MLS® Num:
    C4202427
    Minor Bus.:
    Hotel/Motel
    Now priced below land value!! Absolutely cute as a button!! This is an amazing opportunity to buy a rare property. Location, location location is the mantra when buying real estate, especially investment properties. This prime offering has a stellar location, can either be moved right into and enjoyed, or, continue to be used as an excellent income/investment property. Currently, this cozy and clean property is used as an Airbnb, and brings in a monthly average income of over $2,000.00. This leaves the fortunate purchase with several fantastic options available to you: 1) Buy the home unfurnished as offered, and move right, 2) Buy the home unfurnished as offered, and rent it out as a long term rental for investment income, 3) Make an offer on the home as a “turn key” package and purchase the existing Airbnb business and furnishings (a few minor items of furniture are personal and will be excluded or replaced). If you check out the neighbourhood, you will find new infills are being built on similar size lots and being sold for upwards of $1,000,000. If you want to hold the property for future development, or want to use the property for investment income now, this is truly a great place for the shrewd investor. Many may consider this offering, but only one will be rewarded with the opportunity. Book your appointment today. (Please note this is an active Airbnb business so viewing is very restricted as the property is constantly rented). More details
    Listed by THE REAL ESTATE COMPANY
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Listing information last updated on September 21, 2018 at 08:16 PM (UTC)

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