403-836-5959
19
$3,500,000 Sale
Listed 12 hours ago
4746 55 Street
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Key Facts
Key facts for 4746 55 Street
Property Type
Apartment
Parking
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MLS #
A2268015
Size
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Basement
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Listed on
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Lot size
-
Days on Market
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Year Built
1975
Maintenance Fee
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Description
Excellent opportunity to acquire a well-maintained 24-unit apartment complex offering strong in-place income with upside potential. The property consists of 6 two-bedroom units, 14 one-bedroom units, and 4 bachelor suites — each individually metered for electricity. Recent capital improvements inclu...de a new roof (2020) and a new boiler heating system (2025). Many suites have updated flooring and appliances, and the property has been diligently cared for with consistent maintenance, paint and cleaning. The building features 24 surface parking stalls, each with electrical outlets. Conveniently located near the river, public transit, schools, and shopping, this property appeals to a broad tenant base. With solid current cash flow and market rent growth potential, this is a turnkey investment with additional opportunity for value-add repositioning.
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Courtesy of: Real Broker
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