4627 73 ST NW, Calgary, AB T3B 2N7
4627 73 ST NW, Calgary, AB T3B 2N7
4627 73 ST NW, Calgary, AB T3B 2N7
4627 73 ST NW, Calgary, AB T3B 2N7
4627 73 ST NW, Calgary, AB T3B 2N7
4627 73 ST NW, Calgary, AB T3B 2N7
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 1,800,000
Est. payment | /mo

9,414 SqFt

Save
$ 1,800,000
Est. payment | /mo
Save

9,414 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,414 sqft

Price per Sqft $191

Subdivision Bowness

MLS Listing ID A2332521

Year Built 1992

Property Sub-Type Multi Family

Property Description

Fully renovated six-unit townhouse complex directly across from Bowness High School,now 100% occupied. Each unit is a 3-bedroom townhouse with undeveloped basement. Condo-titled structure. Currently renting at $1,800/month per unit,well below market rate supported by CMHC comps and current listings. With five of six leases expiring or renewing through 2027,there is a clear path to market-rate rents. The property was recently renovated back to the studs with no immediate capital expenditure required. Mortgage assumption at 4.7% fixed through June 2033 is required. Individual units are currently selling for much higher,and buyer could sell off individually at end of mortgage term to realise significant profit. Great buy and hold property. Financials and brochure available on request. Tours with an accepted offer.

Location

Province AB

County 0046

Area Cal Zone Nw

Zoning M-C1

Direction NW

Interior

Inclusions All appliances, fixtures, fittings and furnishings

Fireplace No

Exterior

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Others

Restrictions None Known

Listed by KPLI Real Estate Corporation

LOCATION AND NEARBY PROPERTIES

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4627 73 ST NW

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Justin Newman

Justin Newman

Agent License ID: 00540392

+1(403) 668-1272

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REVIEWS

https://cdn.chime.me/image/fs/sitebuild/2022815/3/original_4f84e7d0-9456-495c-a45d-02ade0b6fb37.png

My husband and I recently purchased a home in Airdrie with Justin Newman and couldn't be happier with our experience! He guided us through the whole process, was incredibly helpful in answering questions, and went above and beyond to make sure the whole process was stress free and seamless. He was always available for phone calls and helped us navigate every aspect of the purchase (showings, home inspection, condo doc read, lawyers etc.). We highly recommend Happy House Hunting and Justin for a realtor in the Calgary area and will definitely be using him again!

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