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105 First Avenue E
East End, Cochrane
  • $1,899,000
  • $1,899,000
MLS #
  • A2045943
105 First Avenue E
East End, Cochrane
9 units plus detached double garage all on one title. 4 x two bedrooms, 5 x one bedrooms. Gross Revenue $150,000. NOI $105,000, CAP 5.44%. Gross rent will be $155k by the end of 2023 with renewing leases. Cochrane is growing at an astonishing rate! Home values and rents are keeping pace with Calgary making investment rental properties very attractive. This fully renovated building is just walking distance to down town Cochrane. Groceries, coffee shops, pubs and restaurants all just blocks away. There are 8 surface stalls and room to make more if you ever required. Boiler is well maintained and flat roof is in good condition. Brick exterior is in excellent condition and property shows 10/10.
  • Commercial, Multi-Family
  • Property Type
  • 1973
  • Year Built
  • CIR REALTY
  • Brokerage
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