Courtesy of: Mike Fleming, Broker of Record, Michael Fleming Realty Corp.
Courtesy of: Mike Fleming, Broker of Record, Michael Fleming Realty Corp.
$3,255,000
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9,989 square feet
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Multi-family
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$3,255,000
728 14 Avenue SW Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention.The property has undergone extensive upgrades, including: • Redecorated suites • New boiler installed circa 2016 • Updated electrical system, including electrical panel • Plumbing upgrades completed in 2012 • Roof replaced circa 2018 2019 • Low-maintenance landscaping with a small outdoor patioThis turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval.An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements. (id:203)