Logo
Communities
Sellers
Buyers
Blog
About
41
$1,175,000 Sale
Listed 12 days ago
203 42 Avenue SW
· 8
· 4
· 4
· 2683.66
Key Facts
Key facts for 203 42 Avenue SW
Property Type
Apartment, Attached-Side by Side,Bungalow
Parking
Driveway,Single Garage Attached , 4 parking
MLS #
A2348856
Size
2683.66 sqft
Basement
Full
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1961
Maintenance Fee
-
Description
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!
Similar Properties (No results)
Listing courtesy of: REMAX Innovations