Address
1128-1136 38 Street SE Calgary, AB
Price
$ 1,050,000
Property Attributes
  • ID#A1153843
  • TypeMulti-Family
  • CountyCALGARY REAL ESTATE BOARD
  • CityCalgary
  • NeighborhoodForest Lawn
  • ZipT2A 1G4
  • StyleBungalow
  • Price$ 1,050,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage864
  • Lot Size0.41 Acres
Listing Provided Courtesy Of:
REAL BROKER
Data Source:
Canadian Real Estate Association
Property Description

With 150 ft of frontage in the up-and-coming district bordering the rejuvenated 17th Ave, this is an excellent opportunity for a developer or aspiring landlord to pick up a pre-assembled package of R-C2 land with potential to re-zone to R-CG and holding income in the meantime. Operating with a net income of more than $40,000 annually, the package includes 3 solid 1957 bungalows with tenants in place and a total 18,890 sf of developable land. Proximity to nearby amenities, transportation routes and the 17th Ave BRT offer the buyer an incredible chance to acquire a turnkey investment or future development prospect. Access to land is, and will continue to be, most significant obstacle for urban development, and with nearly 20,000sf, you could be the one holding out for top dollar, or developing and selling new duplexes or townhomes in just a few short months. Dont miss out on your chance to pick up one of the largest contiguous parcels thats been made available in recent history! Call today! (id:7434)

General Features

Ammenities Park, Playground
Building Appliances Refrigerator, Stove, Window Coverings, Washer & Dryer
Building Architectural Style Bungalow
Building Type Multi-Family
CommunityName Forest Lawn
Features See remarks, Back lane
Foundation Type Block
More Information Link https://www.realtor.ca/real-estate/23737659/1128-1136-38-street-se-calgary-forest-lawn
Ownership Type Freehold
Property Type Multi-family
Totalbuildings 3
Zoning Description R-C2

Interior Features

Basement Type Full
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Forced air
Construction Material Wood frame
Construction Style Attachment Attached

Exterior Features

Land Amenities Park, Playground
Parking Space Total 6

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in T2A 1G4

Price
AVG $1.05M
$1.05M
Visits
AVG 2
5
Year Built
AVG 1957
1957