Data was last updated 2025-02-28 at 14:25:05 GMT
$524,900

2236 47 Street SE   Calgary, Alberta

MLS®: A2190499
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 This detached home will be of interest to new 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 might take immediate possession if the Buyer assumes existing tenants..  The four separate living units in this grande fathered Non conforming illegal units generates good monthly revenue and has potential  for more, should the rent be adjusted to current monthly rent of 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.  Every suite has one 4-piece bathroom.   three 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 more income generation is huge with some TLC ; to take care of some deferred maintenance that exist in the property.
This detached home will be of interest to new 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 might take immediate possession if the Buyer assumes existing tenants.. The four separate living units in this grande fathered Non conforming illegal units generates good monthly revenue and has potential for more, should the rent be adjusted to current monthly rent of 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. Every suite has one 4-piece bathroom. three 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 more income generation is huge with some TLC ; to take care of some deferred maintenance that exist in the property.

Listing Information

Prop. Type:
Detached
Property Style:
Attached-Up/Down
Status:
Active
City:
Calgary
Bedrooms:
4
Full Bathrooms:
4
Neighbourhood:
Forest Lawn
Area:
Calgary
Province:
Alberta
MLS® Number:
A2190499
Listing Price:
$524,900

General Information

Year Built:
1959
Total Square Feet:
1054ft2

Additional Information

Basement Dev:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
Parking:
Carport, Off Street, Parking Pad, RV Access/Parking, Single Garage Detached

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This property is listed by Elephant Realty Services and provided here courtesy of Carmen Paradis. For more information or to schedule a viewing please contact Carmen Paradis.
Carmen Paradis
RE/MAX real estate central
Phone: 4037038516
Mobile Phone: 4037038516
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.