Listing Details

617 1 Avenue, Calgary

2 Storey Full Duplex for Sale

617 1 Avenue, Calgary, MLS® # A2177456
  • MLS®#: A2177456
  • Price: $799,900
  • Bedrooms: 8
  • Bathrooms: 5(full) 0(half)
  • Parking: 2
  • Status: Active
  • Year Built: 1921
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Attention, Investors! Don’t miss this prime, full-duplex with incredible potential. Featuring four kitchens, five bathrooms, and eight bedrooms across four complete units, this property, though older, remains in good condition. Key Features to Note: 1. Zoning: The property is zoned as MU-2, allowing for commercial or mixed-use residential and commercial development, making it highly attractive for potential development. 2. Ideal for Short-Term Rentals: Its excellent location makes it ideal for Airbnb, offering strong income potential. 3. Perfect for Rooming House Business: With two bus routes directly to the University of California right by the property, it is also perfect for a rooming house operation. 4. Rental Income Potential: For those seeking a quieter investment, you can split them into two larger ones or lease all four units, both options providing substantial annual rental income. Recent Updates and Improvements: One side of the duplex has already been renovated, offering a preview of the potential transformation for the other side. Additionally, the current owner has made several upgrades, including newer windows, doors, roof, and basement water heater. Please note: all appliances and items within the property are sold “AS IS, WHERE IS.” There are also two low-cost parking spaces available in front of the property. For a property with immense future development potential and strong immediate rental returns, It’s truly a cash cow! investors—what are you waiting for?

Contact Laura Ipsum About MLS® A2177456

Required Field

Laura Ipsum, 7804256270 at Redman Office Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3

property information

  • Property Type: Full Duplex
  • MLS®#: A2177456
  • Style: 2 Storey,Side by Side
  • Year Built: 1921
  • Lot Shape: Corner Lot,No Neighbours Behind
  • Total Floor Area: 2,720 sq.ft
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Community Information

  • Address: 617 1 Avenue
  • Neighbourhood: Bridgeland/Riverside
  • City: Calgary
  • Postal Code: T2E 0B5
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interior

  • Included: fridge, 2 stoves, hood fan,
  • Bedrooms: 8 (Bedrooms Above: 8)
  • Bathrooms: Full: 5
  • Rooms Above Grade: 16
  • Fireplace Details: For Sale
  • Basement: Finished, Full, Finished, Full
  • Floor Finish: Carpet, Ceramic Tile, Hardwood, Laminate
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exterior

  • Exterior Features: Corner Lot, No Neighbours Behind
  • Exterior Finish: Brick, Stucco, Wood Frame
  • Construction: Brick,Stucco,Wood Frame
  • Roof: Asphalt Shingle
  • Front Exposure: N
  • Frontage: 15.26M 50`1" metres
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services & amenities

  • Parking: Off Street (2 Total Parking Spaces)
  • Heating: Forced Air,Natural Gas
  • Heating: Forced Air, Natural Gas
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$799,900

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