203 42 Avenue Sw, Calgary, Alberta T2S 1A7

Listed for:
$1,175,000
8 beds
4 baths
Listed Today
203 42 Avenue Sw, Calgary, Alberta T2S 1A7

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About

RARE INVESTMENT OPPORTUNITY IN PARKHILL! Situated on an oversized 6,800+ sq ft lot in one of Calgary's most sought after inner city communities, this full duplex offers exceptional holding income today with tremendous future upside.Each side features a spacious 3 bedroom upper suite and a 1 bedroom illegal basement suite, creating four income generating units in total. This property has experienced strong tenant demand with minimal vacancy over the years, making it an attractive opportunity for investors seeking reliable cash flow in a premier inner city location. Unit 203A (3 Bedroom, 1 Bathroom) has been recently updated with new stainless steel appliances.Whether you're looking to renovate, hold as a long-term investment, or redevelop, the possibilities are endless. Located just minutes from downtown, stampede park, and the amenities along Macleod Trail, this property offers unmatched convenience with easy access to transit, shopping, dining, and major commuter routes.Opportunities like this are rare. You could live in one unit and rent the other 3 units, or hold this property as a 4 unit rental building. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill! (id:27476)

Property Highlights

MLS® Number
A2348856
Type
Multi-family
Community Name
Parkhill
Ownership Type
Freehold
Land Size
636 m2|4,051 - 7,250 sqft
Parking Space Total
4

Building

Storeys
1.00
Square Footage
2684 sqft
Bathrooms Total
4
Bedrooms Above Ground
6
Bedrooms Total
8
Amenities
Park, Playground, Schools, Shopping
Exterior Finish
Stucco
Fireplace Present
Yes
Basement Type
Full (Finished)
Basement Features
Separate entrance, Suite
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
REMAX Innovations
MLS® number:
A2348856
Agent:
Karlee Mushie
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