Data was last updated 2024-10-10 at 15:35:04 GMT
$999,800

721 4 Avenue NE   Calgary, Alberta

MLS®: A2168009
URL:    
Opportunity knocks with this Detached Multi Family Bungalow in Bridgeland. Situated on a Corner lot with 4 Separate Addresses. This complex has one 3 Bedroom (Main floor) Suite, two 1 bedroom illegal Suites (basement) and 1 bachelor illegal suite (above the garage) and 2 oversized Single car garages. The Rents were low and it was nearly a 5% CAP Rate and in an amazing inner city community.  This has endless potential for the savvy investor looking to add a Rental property to their portfolio, or a developer looking to capitalize on a corner lot zoned for Multifamily, or a first time buyer looking to live upstairs and subsidize their expenses with the Rental suites.
Opportunity knocks with this Detached Multi Family Bungalow in Bridgeland. Situated on a Corner lot with 4 Separate Addresses. This complex has one 3 Bedroom (Main floor) Suite, two 1 bedroom illegal Suites (basement) and 1 bachelor illegal suite (above the garage) and 2 oversized Single car garages. The Rents were low and it was nearly a 5% CAP Rate and in an amazing inner city community. This has endless potential for the savvy investor looking to add a Rental property to their portfolio, or a developer looking to capitalize on a corner lot zoned for Multifamily, or a first time buyer looking to live upstairs and subsidize their expenses with the Rental suites.

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
5
Full Bathrooms:
4
Neighbourhood:
Bridgeland/Riverside
Area:
Calgary
Province:
Alberta
MLS® Number:
A2168009
Listing Price:
$999,800

General Information

Year Built:
1953
Total Square Feet:
1598ft2

Additional Information

Basement Dev:
Separate/Exterior Entry, Finished, See Remarks, Suite, Walk-Out
Parking:
Off Street, Single Garage Attached, Single Garage Detached

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This property is listed by Century 21 Bamber Realty Ltd. 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.