1128-1136 38 Street Se, Calgary, Alberta

$1,050,000

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864

Square feet

About 1128-1136 38 Street Se

With 150 ft of frontage in the up-and-coming district bordering the rejuvenated 17th Ave, this is an excellent opportunity for a developer or aspiring landlord to pick up a pre-assembled package of R-C2 land with potential to re-zone to R-CG and holding income in the meantime. Operating with a net income of more than $40,000 annually, the package includes 3 solid 1957 bungalows with tenants in place and a total 18,890 sf of developable land. Proximity to nearby amenities, transportation routes and the 17th Ave BRT offer the buyer an incredible chance to acquire a turnkey investment or future development prospect. Access to land is, and will continue to be, most significant obstacle for urban development, and with nearly 20,000sf, you could be the one holding out for top dollar, or developing and selling new duplexes or townhomes in just a few short months. Don’t miss out on your chance to pick up one of the largest contiguous parcels that’s been made available in recent history! Call today!

Facts & Features of 1128-1136 38 Street Se

MLS® # A1153843
Price $1,050,000
Bathrooms 0.00
Square Footage 864
Acres 0.00
Year Built 1957
Type Multi-Family
Sub-Type Row/Townhouse
Style Bungalow
Status Active

Community Information

Address 1128-1136 38 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2A 1G4

Amenities of 1128-1136 38 Street Se

Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Heating Forced Air, Natural Gas
Fireplace No
# of Stories 1
Has Basement Yes
Basement Full

Exterior

Lot Description Back Lane, City Lot, Near Shopping Center, Near Public Transit, Rectangular Lot, See Remarks
Roof Asphalt Shingle
Construction Wood Frame
Foundation Block

Additional Information

Date Listed October 15th, 2021
Days on Market 45
Zoning R-C2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeREAL BROKER

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