Multi Family Property Sold in Ramsay, Calgary at Xxx Xx Avenue Se

Unique character 2 story brick building located on a quite street in the very heart of Ramsey. Only 5 mins to downtown and the Inglewood strip. This property is a rare find in a fantastic developing inner city area with a easy walk to the future green-line and downtown core. Currently cap rate is low but could be a good revenue producer with rents adjusted to market rates, with a 0% vacancy rate due to the great rental demand. This building has undergone some upgrades over the years like newer life-time warranty, windows, window cladding and roof This has helped to transform the exterior to the condition it was over 100 years ago. There is a cute 2 bedroom house and yard attached to the main building. The interior suites have been upgraded slightly over the years, but could use a little handy work to make them exceptional. This property is a gem and a great opportunity. The building has 6 - 1 bedroom, 1 bathroom units with common laundry in the basement.

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