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Prab Bhangal

discovercreab@gmail.com +1(403) 466-0888

$450,000

Est. payment - /mo

3 Beds

2 Baths

801 SqFt

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 801

Square Footage 801 sqft

Price per Sqft $561

Subdivision Highland Park

MLS® Listing ID A2332916

Style Bungalow

Bedrooms 3

Year Built 1959

Lot Size 3,003 Sqft

Acres 0.0689424

Property Sub-Type Freehold

Property Description

Investment opportunities like this are becoming increasingly difficult to find. Offering immediate rental income, two self-contained living spaces, and the long-term advantages of owning a detached home in the established community of Highland Park, this property is an excellent addition to any real estate portfolio.Located in the desirable inner-city community of Highland Park, investors will appreciate the strong rental appeal created by convenient access to downtown Calgary, Centre Street, Edmonton Trail, Deerfoot Trail, public transit, parks, schools, shopping, restaurants, and nearby amenities. The central location continues to attract tenants seeking affordable housing with excellent access throughout the city, making this a smart long-term investment.The property features two separate living spaces, providing excellent income potential and flexibility. The main floor offers a well-maintained two-bedroom, one-bathroom living space with its own private washer and dryer. Thoughtful updates completed in approximately 2015 provide a move-in-ready living environment that continues to appeal to quality tenants.The lower level features a separate one-bedroom, one-bathroom illegal suite, also complete with its own private washer and dryer. One of the standout advantages of this property is that both are currently occupied under one-year lease agreements, providing immediate rental income from day one and reducing the uncertainty and costs associated with securing new tenants. Outside, the detached single garage further enhances the property's desirability by providing secure parking, additional storage, or flexible space for tenant use. An increasingly valuable feature for rental properties in established inner-city neighbourhoods.Whether you are looking to expand your investment portfolio, enter the Calgary rental market, or secure a property with future redevelopment potential commonly associated with established inner-city communities, this property offers ou tstanding value. Combining immediate cash flow, a detached home, two income-producing living spaces, a detached garage, and an exceptional Highland Park location, this is an investment opportunity well worth your consideration. (id:24570)

Location

Province AB

Rooms

Kitchen 2.0

Extra Room 1 Lower level 27.75 Ft x 10.17 Ft Family room

Extra Room 2 Lower level 7.00 Ft x 5.00 Ft Kitchen

Extra Room 3 Lower level 16.92 Ft x 11.83 Ft Bedroom

Extra Room 4 Lower level 6.33 Ft x 6.17 Ft 3pc Bathroom

Extra Room 5 Main level 18.25 Ft x 10.92 Ft Living room

Extra Room 6 Main level 13.33 Ft x 11.58 Ft Kitchen

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Ceramic Tile, Hardwood

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by RE/MAX Realty Professionals

Prab Bhangal

Real Estate Strategist

+1(403) 466-0888

3911 1 Street NW Calgary, AB T2K0X2

Prab Bhangal

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3911 1 Street NW