1-7 2123 5 Street SW
Cliff Bungalow Calgary T2S 2B5

$1,399,900
Multi-Family 2,991 sq. ft. built: 1912

Main Photo: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Photo 1: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Photo 2: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Photo 3: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Photo 4: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
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Photo 22: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Photo 23: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Photo 24: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Photo 25: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Photo 26: 1-7 2123 5 Street SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2122356
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2122356
Year Built:
1912
This property is 7 individual units. 5x 1 bedroom, 1 bath. 1 Studio and 1x 2 bedroom. The monthly rent of the units currently range from $1,100 - $1,400 but are below market value. Refer to the rent roll for the suggested rental increases. The owner also owns the building to the north for development opportunities. The combined frontage would reach 70' and 140' depth with a west facing backyard. Welcome to a timeless investment opportunity in the heart of Cliff Bungalow! This charming multi-family apartment building, built in 1911, exudes character and history while offering a sought after living experience of the incredible location. Comprising seven distinct units, this property is a testament to architectural longevity. This kind of property doesn't come up often so don't miss out.
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Possession:
Negotiable
Total Living Area:
2,990.94 sq. ft.
Taxes:
$5,980 / 2023
Tax Assessed Value:
910000.0
Lot Area:
351 sq. ft.
Lot Frontage:
27'1¼"
Lot Details:
27' x 140
Stories Total:
3
Year built:
1912 (Age: 112)
Bathrooms:
- (Full:-, Half:-)
Plan:
2112AC
Heating:
Baseboard, Boiler, Hot Water, Natural Gas, Zoned
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Garage:
0
Parking:
Alley Access, Assigned, Parking Lot, Stall
Parking Places:
5.0
Parking Total/Covered:
5 / -
Laundry Features:
In Basement
Cliff Bungalow
Dryer, Washer
N/A
None Known
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Patio And Porch Features:
Balcony(s), Deck, Front Porch
Lot Features:
Near Shopping Center, Near Public Transit, Rectangular Lot
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
Apr 11, 2024
Days on Mkt:
49
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Listed by RE/MAX First
Data was last updated May 29, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,325,000
Min list price:
$899,000
Max list price:
$4,199,999
Avg days on market:
29
Min days on market:
4
Max days on market:
126
Avg price per sq.ft.:
$570.78
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Jill Conroy
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.