For Sale: 655 4 Avenue NE, Calgary, AB - REW
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$1,850,000
0 bd • ba • 5200 sf • Multifamily
655 4 Avenue NE
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$1,850,000
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655 4 Avenue NECalgary, AB, T2E 0J9

Bridgeland
  • 0 Bed
  • Bath
  • 5200 Sqft
  • Multifamily

About this home

Classic Brick-and-Mortar Investment | 7-Suite Concrete Apartment Building. of $$133,500. 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 secre 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. (id:63626)
Listed by: Mel Loewen, Associate Broker, eXp Realty of Canada

Home facts and features

Price details
List Price
$1,850,000
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Gross Taxes for 2026
$11,238
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
5166 ft²
Depth
Year Built
Built in 1973 (53 yrs old)
Community
Agent details
Primary Agent
Mel Loewen
Primary Broker
eXp Realty of Canada
Secondary Agent
Samuel Coyne
Secondary Broker
eXp Realty of Canada
Listing details
Days on REW
1 Day
MLS® Number
A2333975
Source
Canadian Real Estate Association
Board
Calgary Real Estate Board
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Property Insights

St. Angela Elementary School
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Italian School Of Calgary
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Langevin School
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Stanley Jones School
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Delta West Academy
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Children's Village School
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Colonel MacLeod School
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St. Alphonsus Elementary Junior High School
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Alberta Chung Wah School
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Calgary Chinese Private School
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Call Agent
Mel Loewen
Phone:
(403) 650-3121
Office:
403-262-7653
Associate
Samuel Coyne
Phone:
613-464-8907
Office:
403-262-7653
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