info@settlersrealty.ca
CONTACT
$799,900
8 beds 5 baths
2719.6 Sq.Ft.
617 1 Avenue NE, Bridgeland/Riverside, Calgary, Alberta, T2E0B5
MLS® Number: A2177456

Multi-family House for Sale in Avenue NE Bridgeland/Riverside Calgary

Property Information

Attention, Investors! Don’t miss this prime, full-duplex with incredible potential. Featuring four kitchens, five bathrooms, and eight bedrooms across four complete units, this property, though older, remains in good condition.Key Features to Note:1.Zoning: The property is zoned as MU-2, allowing for commercial or mixed-use residential and commercial development, making it highly attractive for potential development.2.Ideal for Short-Term Rentals: Its excellent location makes it ideal for Airbnb, offering strong income potential.3.Perfect for Rooming House Business: With two bus routes directly to the University of California right by the property, it is also perfect for a rooming house operation.4.Rental Income Potential: For those seeking a quieter investment, you can split them into two larger ones or lease all four units, both options providing substantial annual rental income.Recent Updates and Improvements: One side of the duplex has already been renovated, offering a preview of the potential transformation for the other side. Additionally, the current owner has made several upgrades, including newer windows, doors, roof, and basement water heater.Please note: all appliances and items within the property are sold “AS IS, WHERE IS.” There are also two low-cost parking spaces available in front of the property.For a property with immense future development potential and strong immediate rental returns, It’s truly a cash cow! investors—what are you waiting for? (id:50315)

Property Summary
Property Type

Multi-family

Building Type

Storey

2

Community Name

Subdivision Name

Bridgeland/Riverside

Title

 

Land Size
2719.6Sq.Ft.
Built in
1921
Annual Property Taxes
$3907.88
Parking Type
Other
Published
13 days
Building
Bedrooms
Total
8
Below Grade
 
Bathrooms
Total
5
Partial
0
Interior Features
Appliances Included

Washer, Refrigerator, Stove, Hood Fan, Window Coverings, Washer/Dryer Stack-Up

Flooring

Hardwood, Laminate, Carpeted, Ceramic Tile

Basement Features

Finished, Full

Basement Type

Finished, Full

Building Features
Features

PVC window, No neighbours behind, No Smoking Home

Foundation Type

Poured Concrete

Architectural Style

Construction Material

Wood frame

Floor Space
2719.60Sq.Ft.
Total Finished Area
2719.60Sq.Ft.
Structures
Brick, Stucco
Heating & Cooling
Cooling
None
Fireplace
Heating Type
Forced air, Natural gas
Exterior Features
Exterior Finish
Brick, Stucco
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Other
Total Parking Spaces
2
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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