Welcome to this 8 unit bi-level multi-family building for sell, an exceptional investment opportunity in the heart of Bowness, one of Calgary's fastest-transforming inner-city communities. Surrounded by newly developed multi-family projects, this well-maintained property offers excellent holding income today with outstanding redevelopment potential for the future.Situated on a 75' x 150' M-C1 zoned lot, the building features 8 rental units, including 2 three-bedroom units, 4 two-bedroom units, and 2 one-bedroom units, along with 8 rear parking stalls. The property generates strong cash flow, making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.Conveniently located within walking distance to schools, shopping, parks, and everyday amenities. Enjoy being just 10 minutes from WinSport, Farmer's Market, Bowness Park, and a wide variety of major retail and dining destinations, while downtown Calgary is only a 15-minute drive away.Whether you're an investor looking for stable income, a developer seeking your next project, or a buyer wanting to secure land in a rapidly evolving neighbourhood, this is an opportunity you won't want to miss. (id:51989)
Features of 1-8, 4523 73 Street Nw
- MLS® Number A2328567
- Price $2,450,000
- Square Footage: 80729 sqft
- Property Type: Multi-Family
- Community Name: Bowness
- Parking Space Total 8
- Plan 7227gq
Buildings
| Constructed Date | 1974 | Construction Material | Wood Frame |
| Exterior Finish | Brick, Stucco | Heating Fuel | Natural Gas |
| Heating Type | Forced Air | Size Exterior | 80729.33 Sqft |
| Size Interior | 80729 Sqft | Total Finished Area | 80729.33 Sqft |
| Type | Multi-family |
Land
| Acreage | No | Size Depth | 45.78 M |
| Size Frontage | 22.91 M | Size Irregular | 1045.00 |
| Size Total | 1045 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) | Size Total Text | 1045 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | M-c1 |
Agents and Offices
- Parker Xiong
- Shane Wan
- Office: Homecare Realty Ltd.