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MLS® A2254712

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1467 sqft
Garage Yes
Taxes $5,287
Lot Size 0.17 acres
Approx. Age 1951
Avg. Price Per Sqft $578
MLS® Number A2254712

Property Address: 1913 24 Ave Nw, Calgary, AB, T2M1Z4

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investor Alert: Cash Flow & Development Potential in Capitol Hill - Instant Cash Flow with unrivaled potential and Unbeatable location!! Secure your stake in Calgary's burgeoning real estate market with this phenomenal bungalow in highly coveted Capitol Hill. This isn't just acquiring a home; it's securing a proven income-generating machine that immediately yields exceptional returns while simultaneously offering massive future upside. Step into immediate profitability! The existing six-bedroom configuration, complete with a finished basement, is currently generating a remarkable $4, 000.00 per month in rental revenue—a robust cash flow that covers your costs from day one. The demand for this address is unparalleled; you'll enjoy a steady, high-quality stream of tenants eager for the tranquility of Capitol Hill, all while being just steps away from two of Calgary's most prestigious post-secondary institutions: the University of Calgary (U of C) and SAIT. Crucially, the long-term value is locked in the land. The savvy current owner has already invested in the future by completing three distinct sets of development permit drawings. This preparation allows the next owner to immediately choose their ideal exit strategy, whether it be an infill, duplex, or a fully legalized multi-suite conversion, maximizing the return on investment (all subject to municipal by-laws). This property is perfectly positioned for the investor looking for the rare combination of strong current cash flow and significant future appreciation. This is a Priced to SELL opportunity—a chance to own a true piece of Calgary's future. Don't delay - contact us today to unlock the full development and financial potential this property holds!. 24th Avenue has special zoning and the City will allow 3 storey multi-family buildings/ apartments. Priced to SELL - CALL TODAY!Show Description
MLS® NumberA2254712
Laundry LevelLaundry Room, Lower Level, See Remarks, Upper Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageYes
Approx. Age1951
BasementFull
DrivewayDouble Garage Detached
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

none

Rooms

Show Details
Other:Basement24.92 × 26.25 ft
Other:Basement27.92 × 43 ft
Other:Basement31.17 × 43 ft
Dining Room:Main Floor26.25 × 46.25 ft
Living Room:Basement34.42 × 62 ft
Other:Basement31.5 × 36.42 ft
Other:Main Floor28.5 × 37.42 ft
Other:Main Floor32.17 × 34.42 ft
Other:Basement26.59 × 34.42 ft
Other:Main Floor37.75 × 46.25 ft
Other:Main Floor13.42 × 25.92 ft
Kitchen:Basement36.42 × 52.5 ft

Price History

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00/00/0000End Date
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