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Classic Brick-and-Mortar Investment is what this 7-Suite Concrete Apartment Building is all about, with current revenue of $133, 500 per year. 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 secure 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:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.
90/100
Walker's Paradise
Walk Score ®
53/100
Good Transit
Transit Score ®
78/100
Very Bikeable
Bike Score ®
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
21 nearby routes: 21 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 52/100, Bike Score: 75/100.
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3 bds • 5 ba • 5,466 sqft
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Source: Realty.com
655 4 Avenue NE, Calgary, AB T2E0J9 in Bridgeland/Riverside, Calgary, AB T2E0J9 is a multi family listed at $1,850,000. Highlights include 5,200 sq. ft., built in 1973, $356 per sq. ft.. Realty.ca has 31 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 31 photos of 655 4 Avenue NE.
Our records indicate that 655 4 Avenue NE was built in 1973.
The full address for this home is 655 4 Avenue NE, Calgary, AB T2E0J9.
655 4 Avenue NE has been listed on Realty.com since Tue August 04, 2026
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 52/100, Bike Score: 75/100.
This content last refreshed on 2026-09-27 21:17:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.