Daryl Carlson - 403-259-4141
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Single Family in Calgary
- 100
- 106
3 Bedrooms
3 Bathrooms- 1456 Sq Ft
Property Type
Single Family
Description
PRICE IMPROVEMENT investment gem - 3 SEPARATE (SELF-CONTAINED) UNITS - **$3100+/ month rental income** prior to March 2020. Over 2000 sq.ft. of developed space. LOT SIZE: 25x125 - with separate entrances & utilities (main + basement together, upper unit separate). Rent out, renovate or build new. Highly desirable inner city, downtown community of Mount Pleasant NW. MAIN FLOOR - 1 BR & 1 BA, traditional kitchen, dining room and living room configuration - move-in ready. Attractive income-generating option for UPPER UNIT after some renovations & updating - 1 BR & 1 BA, kitchen & living room - great AirBnB LOCATION, long term or short term rental. LOWER UNIT requires renovations with 1 BR & 1 BA, big window in bedroom, living space & kitchen. With some TLC & design creativity, this property has huge potential to be a great revenue generating investment, easily get your return on investment, offering incredible VALUE for an inner city downtown lot and home for $589,000. In today's market, it is RARE to find 3 SEPARATE units at this price. Don't miss your opportunity to get into the investment market.POSSIBILITIES ARE ENDLESS: This configuration opens up various possibilities, including renting out all three units for a steady rental income, living in one unit while renting out the others, or utilizing the additional units for extended family members.The MAIN unit is traditionally configured with a cozy living room, character fireplace, a well-appointed traditional kitchen & dining room, a primary bedroom, and a full 4-pc bathroom. A large outdoor back deck to enjoy the warm summer months as well as an enclosed front lock off flexible sunroom to enjoy all year round. 2nd upper unit includes a living room, separate kitchen, large bedroom, character fireplace and a full bathroom. This unit is ideal for accommodating tenants or family members with its independent access. 3rd basement unit offers more flexibility. Includes a functional kitchen, living space, bedroom and full bathroom. The basement lock-off utility area also includes a SHARED washer & dryer.The property features a spacious backyard, potential for an oversized garage or CARRIAGE HOUSE (additional REVENUE income) can be built. POTENTIAL RENT pre-covid: Main = $1500, Upper = $1000, Basement = $600 Water tank replaced Oct 2015. Roof replaced June 2014. Mount Pleasant is a thriving community known for its strong property values and HIGH DEMAND for rental units. As the area continues to develop, this property's value is likely to appreciate, ensuring a sound investment for the future. Do not miss out on this opportunity. (id:6769
Property Details
Subarea
Mount Pleasant
Lot
33594.16
Year Built
1913
Flooring
Carpeted,Linoleum
Parking Type
4
Rooms Dimension
| Room | Floor | Dimension |
|---|---|---|
| Other | Second level | 1.30 M x .99 M |
| Other | Second level | 3.56 M x 3.20 M |
| Living room | Second level | 4.90 M x 3.20 M |
| Bedroom | Second level | 3.56 M x 3.41 M |
| 4pc Bathroom | Second level | 2.11 M x 1.96 M |
| Laundry room | Basement | 2.06 M x 1.70 M |
| Other | Lower level | 3.33 M x 2.11 M |
| Other | Lower level | 1.93 M x 1.88 M |
| Living room | Lower level | 3.10 M x 2.67 M |
| Bedroom | Lower level | 3.33 M x 2.44 M |
| 4pc Bathroom | Lower level | 2.59 M x 1.88 M |
| Storage | Lower level | 2.64 M x .94 M |
| Foyer | Main level | 2.08 M x 1.12 M |
| Kitchen | Main level | 3.45 M x 2.90 M |
| Dining room | Main level | 3.33 M x 2.77 M |
| Living room | Main level | 4.52 M x 3.35 M |
| 4pc Bathroom | Main level | 2.08 M x 1.40 M |
| Primary Bedroom | Main level | 3.63 M x 2.80 M |
| Sunroom | Main level | 5.79 M x 1.83 M |
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Listing data last updated date: 2023-11-08 09:18:24
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Listing Agent: Linda T. Lam
Brokerage: THE AGENCY