Data was last updated 2026-08-04 at 19:40:05 GMT
$1,850,000

655 4 Avenue NE   Calgary, Alberta

MLS®: A2333975
URL:    
Classic Brick-and-Mortar Investment is what this 7-Suite Concrete Apartment Building is all about, with current revenue of $133,500 per year. Positioned in the heart of high-demand Bridgeland, this well-maintained 7-suite concrete building offers a annual turn-key revenue opportunity for the savvy investor. Featuring six spacious 2-bedroom units and one bachelor suite. Every apartment enjoys a private balcony, a secure storage unit and a warm, welcoming layout that attracts and retains long-term tenants. Property Highlights: Convenient Parking: On-site rear surface parking eliminates street parking - no on street parking headaches for residents. Prime Location: Steps from public transit with quick, direct access to downtown Calgary and local amenities. Proactive Capital Upgrades: Capital expenditure risks are minimized thanks to significant recent improvements over the last 8 years: Hallways, common areas, and flooring upgraded (2 years ago) Windows and exterior doors replaced (4 years ago) Roof replaced (5 years ago) Water heater replaced (8 years ago). New Replacement Boiler in Storage, if required. Personally maintained with pride of ownership, this solid concrete asset yields stable cash flow with stable long-term upside. A fantastic turn-key addition to any real estate portfolio. A rock-solid, turn-key investment property ready for long-term equity growth and stable rental yield. Full Proforma available on request.

Listing Information

Prop. Type:
Multi Family (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Bridgeland/Riverside
Area:
Calgary
Province:
Alberta
MLS® Number:
A2333975
Listing Price:
$1,850,000

General Information

Year Built:
1973

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
 

Image Gallery

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Location


Jim Beatty
Remax Landan Real Estate

#102,279 Midpark Way SE, Calgary, Alberta
Office: 403-607-5801
Mobile: 403-607-5801
Fax: 403-366-6414
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.