$550,000

House For Sale In Forest Lawn, Calgary, Alberta

$550,000
  • 3+1

    Bedrooms

  • 4

    Baths

  • 5683.00 Square Feet

    Lot Size

Property Information:

This 4-suites single family detached home will be of interest to Starting Investor looking to increase their number of retal units. This home has good Cash Flow for investors and first time owner with interest in getting experience and involvement in Real Estate Rental business. the long term existing tenants are willing to stay and new owners mightclose and take possession immediately if the Buyer assumes existing tenants.. The four units in this grande fathered units generates good monthly revenue and has potential for more, should the rent be adjusted to current monthly rent o similar suites in the city. There are One Two-Bedroom and One Bachelor suites on the Mainfloor and the basement has One One-bedroom and One Bachelor suites. each of the 4 suites has one 4-piece bathroom. three of the four suites has full functional kitchens with fridge and stoves. Other features of the property, with Southwest facing frontage are paved two RV Parking stall which may be coveeted to Four Cars parling stalls. The backyard is dominated with a massive Garage/Workshop that boasts a 10 foot Single garage door, a second floor Office/Mezzani that was once an Upholstry?Antique Furniture workshop. The potential for income generating is quite mant for the buyer with good income generation vision.

Inclusions: 3-fridges; 1- Gas Stove; 1 Electric stove

Building Features:

  • Total Finished Area: 1054.00

Property Features:

  • Bedrooms: 3+1
  • Bathrooms: 4+0
  • Architectural Style: Bungalow, Up/Down
  • Built in: 1959
  • Construction Materials: Stucco, Wood Frame, Wood Siding
  • Cooling: None
  • Exterior Features: Courtyard, Garden, None
  • Fireplace Features: None
  • Floor Space (approx): 1054.00 Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Foundation Details: Poured Concrete
  • Heating: Mid Efficiency, Forced Air, Hot Water, Natural Gas
  • Interior Features: Laminate Counters, No Animal Home, No Smoking Home, Separate Entrance
  • Levels: One
  • Lot Size: 5683.00 Square Feet
  • Parking Features: Carport, Off Street, Parking Pad, RV Access/Parking, Single Garage Detached
  • Roof: Asphalt Shingle
  • Zoning: R-CG
  • No. of Parking Spaces: 5

Courtesy of: Elephant Realty Services

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved