MLS® A2348856 · Active

203 42 Avenue SW

Calgary, Alberta

$1,175,000

Source-listed price. Confirm sale or lease terms and availability.

Property photographs

Property details

MLS®

A2348856

Status

Active

Property type

Multi-family

City

Calgary

Bedrooms

8

Bathrooms

4

Year built

1961

Living area

2684 square feet

Listing brokerage

REMAX Innovations

About this property

RARE INVESTMENT OPPORTUNITY IN PARKHILL! Situated on an oversized 6,800+ sq ft lot in one of Calgary's most sought after inner city communities, this full duplex offers exceptional holding income today with tremendous future upside.Each side features a spacious 3 bedroom upper suite and a 1 bedroom illegal basement suite, creating four income generating units in total. This property has experienced strong tenant demand with minimal vacancy over the years, making it an attractive opportunity for investors seeking reliable cash flow in a premier inner city location. Unit 203A (3 Bedroom, 1 Bathroom) has been recently updated with new stainless steel appliances.Whether you're looking to renovate, hold as a long-term investment, or redevelop, the possibilities are endless. Located just minutes from downtown, stampede park, and the amenities along Macleod Trail, this property offers unmatched convenience with easy access to transit, shopping, dining, and major commuter routes.Opportunities like this are rare. You could live in one unit and rent the other 3 units, or hold this property as a 4 unit rental building. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill! (id:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of REMAX Innovations. Source attribution · REALTOR.ca

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