$1,800,000
211 6 Street NE
Bridgeland/Riverside, Calgary, Alberta
About this home
Exceptional opportunity to acquire a well-maintained 8-unit apartment building in a desirable inner-city location. Built in 1970, this income-producing property features an attractive unit mix consisting of seven 2-bedroom units and one 1-bedroom unit.. The building has benefited from significant capital improvements, including an updated boiler system in 2018 and two hot water-on-demand systems installed in 2022, helping to enhance operational efficiency and reduce future maintenance costs. Tenants enjoy the convenience of seven rear parking stalls, in this central location. Ideally situated close to downtown, public transit, shopping, schools, parks, and major employment hubs, this turnkey multifamily asset offers investors stable cash flow, strong tenant appeal, and long-term appreciation potential. Whether you're looking to expand your portfolio or secure a quality income-producing property, this 8-plex presents an outstanding investment opportunity in one of Calgary's established rental markets. (id:66681)
Property details
- SqFt
- 7,981 sqft
- Year built
- 1970
- Property type
- Residential
- Zoning
- MU-2 f3.0h16
- Community
- Bridgeland/Riverside
- MLS®
- A2314434
- Days on market
- 69
Location
Listing information last updated 29d ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.
Mortgage estimate
Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
$360,000 (20%)
$8,781 / month
First payment: $6,514 interest, $2,267 principal