$799,900

House For Sale In Bridgeland/Riverside, Calgary, Alberta

$799,900
  • 8+0

    Bedrooms

  • 5

    Baths

  • 2818.00 Square Feet

    Lot Size

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?

Inclusions: fridge, 2 stoves, hood fan,

Building Features:

  • Total Finished Area: 2719.60

Property Features:

  • Bedrooms: 8+0
  • Bathrooms: 5+0
  • Architectural Style: 2 Storey, Side by Side
  • Built in: 1921
  • Construction Materials: Brick, Stucco, Wood Frame
  • Cooling: None
  • Exterior Features: Private Yard
  • Floor Space (approx): 2719.60 Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Interior Features: No Smoking Home, Separate Entrance
  • Levels: Two
  • Lot Size: 2818.00 Square Feet
  • Parking Features: Off Street
  • Roof: Asphalt Shingle
  • Zoning: MU-2

Courtesy of: Homecare Realty Ltd.

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