Multi Family Property Sold in Ramsay, Calgary at Xxxx X Street Se

Unicorn Property! This may be one of the only 6plexes in Ramsay on a huge 40" x 150" lot. A property like this will likely not come by again. Perfect for those wanting a cash flowing property and have it appreciate over the long run at the same time. The Greenline is going to be developed right behind and the new BMO center is just on the other side of the river. With current rents and some clean renovations, it could approximately generate $116,000 with today's rent if you were to rent out the garage and include the shared coined laundry but it is recommended you calculate your own rental values. It is priced like this to take renovations into consideration. The seller was not planning on selling this but has decided to liquidate their investments. At the back of the lot, there's a heated triple garage for storage purposes but could be used for parking. Currently it is street parking and 3 spots in the back. This unique six-plex has been grandfathered in and the two furnaces heat 3 units each. Each unit has its own entrance and can be accessed separately. Please take a look at the 3D Tour for a more in-depth look at the layout. Unit 1 is a one bedroom, one bathroom unit with a kitchen area, located at the front of the building facing the street. Units 2 and 3 are both two bedroom, one bathroom units located on the upper portion of the building. The lower portion of the building contains three studio units (Unit 4, 5, and 6). Two of the units are empty to make it easier to view and do renovations, while the other four are rented out. Local amenities, such as breweries, fine dining and cafes, are all within easy reach such as Red Diners, Cold Garden etc. The Scotiabank Saddledome, are just a 5-minute drive away. Schools are also close by such as Ramsay School and St. Anne Academic Centre both located just 3 minutes away. Investing here is a great opportunity to get in on an area that is sure to appreciate in value. Don't miss this incredible chance to invest in a neighborhood that is high in quality and brimming with potential for future growth.

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