2 parking1,932 ft²6,006 sq ft (0.13 ac) lot sizeListed 19 days ago
Overview
This multi-family property in Calgary is for sale offering roughly 1,932 sq ft of space. It has been on the market 19 days, fresher than the Calgary average of 61 days.
INVESTMENT ALERT! THREE LEGAL RENTAL SUITES, UPDATED SIDE-BY-SIDE DUPLEX! CORNER REDEVELOPMENT LOT OVERSIZED DOUBLE GARAGE! Over 3600 sqft of developed space with 8 bedrooms and 2 Dens! Whether you’re looking for a mortgage helper or an income-generatinginvestment property with one side bringing in $3450 and extra income potential for a full additional side! This unique property in Albert Park offers an excellent combination ofrental income potential, extensive recent upgrades, and future redevelopmentpotential. Situated on an impressive 50’ x 120’ corner lot on a desirable street, the propertyfeatures a double detached garage, separate basement entrances, and three legal living spaces. One side offers a full bi-level home, ideal for an owner-occupant looking to offset theirmortgage with rental income, while the other features an upper-level residence and a legalbasement suite, providing multiple income opportunities. The property has undergone over$100,000 in recent renovations and improvements, offering added value and peace of mind forthe next owner. The interiors feature modern, refreshed living spaces with contemporaryfinishes throughout all three units. Updates include modern wide-plank luxury vinyl flooring,fresh paint, updated lighting and window coverings, two new high-efficiency furnaces, two newhot water tanks, numerous replacement windows, and added attic insulation.Numerous additional interior improvements further enhance the overall appeal. Numerous exterior improvements have also been completed, enhance the property’s curb appeal and functionality. Conveniently located with quick access to downtown, major roadways, transit, and everyday amenities, this is an excellent opportunity for investorsseeking rental income, homeowners looking for a mortgage helper, or buyers exploring thelong-term potential of a large corner lot in an established inner-city community. With threelegal rental suites, modern updated interiors, substantial recen t upgrades, and futureredevelopment potential, this property offers exceptional versatility for both investors andowner occupants alike! (id:66096)
Property Details
MLS®
A2352774
Property Type
Multi-family
Zoning
R-C2
Parking
2
Interior Size
1,932 ft²
Lot Size
6,006 sq ft (0.13 ac)
Units
2
Year Built
1974
Style
Bi-level
Basement
Finished, Separate entrance, See Remarks
Heating
Forced air
Cooling
None
Garage
Detached Garage, See Remarks, Shared
Ownership
Freehold
Property Tax
$5,240/yr
Listed
19 days ago
Features
Flooring
Laminate, Other
Foundation
Poured Concrete
Exterior
Concrete, Brick, See Remarks
Lot Features
See remarks, Other, Back lane
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
19d
Calgary listings, avg age
61d
Price / ft²
$505
List price
$975K
Active: 19 days on market, against an average age of 61 days across the listings currently for sale in this city
Market timing · days on market0 → 61d avg age of current listings
Active · day 19
Haho
This multi-family in Calgary has been listed for 19 days, which is 42 days fresher than the city average of 61. Act while there is still low competition.
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