2003 5 Avenue Nw Calgary, Alberta T3A 1P6
$1,194,000
Exciting Investment Opportunity! This exceptional side-by-side duplex presents a prime prospect for investors. Situated in the heart of West Hillhurst, this property boasts four separate suites (with basements considered illegal), making it an attractive rental income-generating asset. Enjoy the convenience of walking distance to schools, parks, shopping, and more. The duplex sits on a generous 63 x 129ft (8000+ sqft) RC-2 lot, making it an excellent long-term investment or with city approval, a great opportunity to build a 2, 3, or 4plex. Each side of the duplex features upper levels with 2 bedrooms and full 4-piece bathrooms with over 3200 sqft of developed living space. The lower levels are spacious and bright, showcasing large windows and offering an additional 2 bedrooms and full 4-piece bathrooms. Each duplex side shares a laundry area, adding to the convenience for tenants. This property has been well maintained by an onsite tenant/property manager for over 20 years, ensuring that the units and the building are in excellent condition. Although the units have a dated aesthetic, they offer immense potential for updates and renovations, allowing for increased rental value with modernization. The current tenants are on short leases, providing flexibility for potential buyers. The exterior of the building is in great shape, with the added benefit of an oversized 24x28 double detached garage and gravel parking pads on either side. Contact the listing agent or your preferred real estate agent for more information on this remarkable investment opportunity! (id:42619)
Property Details
| MLS® Number | A2051062 |
| Property Type | Multi-family |
| Community Name | West Hillhurst |
| Features | Back Lane |
| Parking Space Total | 4 |
| Plan | 710n |
| Structure | None |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 8 |
| Appliances | Refrigerator, Gas Stove(s), Dishwasher, Hood Fan, Garage Door Opener |
| Architectural Style | Bungalow |
| Basement Type | See Remarks |
| Constructed Date | 1957 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Wood Siding |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1620 Sqft |
| Total Finished Area | 1620 Sqft |
Parking
| Carport | |
| Detached Garage | 2 |
Land
| Acreage | No |
| Fence Type | Partially Fenced |
| Size Depth | 39.62 M |
| Size Frontage | 19.51 M |
| Size Irregular | 8320.50 |
| Size Total | 8320.5 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 8320.5 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | R-c2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 4pc Bathroom | .00 Ft x .00 Ft | ||
| Basement | 4pc Bathroom | .00 Ft x .00 Ft | ||
| Basement | Bedroom | 9.75 Ft x 9.75 Ft | ||
| Basement | Bedroom | 9.75 Ft x 10.17 Ft | ||
| Basement | Bedroom | 10.17 Ft x 9.75 Ft | ||
| Basement | Bedroom | 8.67 Ft x 9.58 Ft | ||
| Main Level | Living Room | 12.67 Ft x 17.58 Ft | ||
| Main Level | Kitchen | 9.58 Ft x 1.08 Ft | ||
| Main Level | Primary Bedroom | 10.75 Ft x 12.00 Ft | ||
| Main Level | Bedroom | 10.42 Ft x 11.08 Ft | ||
| Main Level | 4pc Bathroom | .00 Ft x .00 Ft | ||
| Main Level | 4pc Bathroom | .00 Ft x .00 Ft | ||
| Main Level | Living Room/dining Room | 12.67 Ft x 17.58 Ft | ||
| Main Level | Kitchen | 9.25 Ft x 11.17 Ft | ||
| Main Level | Primary Bedroom | 10.67 Ft x 12.00 Ft | ||
| Main Level | Bedroom | 10.75 Ft x 11.17 Ft |
https://www.realtor.ca/real-estate/25632902/2003-5-avenue-nw-calgary-west-hillhurst
Jeff Farley
Agent
Interested in this property?
Call/text me at (403) 875-2003 or complete the form below to send me an email. I can provide you with additional information about this listing and/or arrange a private viewing.
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May 26 2023 03:42:06
Calgary Real Estate Board
Cir Realty
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