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617 1 Avenue NE in Calgary: Bridgeland/Riverside Full Duplex for sale : MLS®# A2177456

617 1 Avenue NE Calgary T2E 0B5 : Bridgeland/Riverside

Main Photo: 617 1 Avenue NE in Calgary: Bridgeland/Riverside Full Duplex for sale : MLS®# A2177456
$799,900
Prop. Type:
Residential
MLS® Num:
A2177456
Status:
Active
Bedrooms:
8
Bathrooms:
5
Year Built:
1921
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?
Property Type:
Residential
Property Sub Type:
Full Duplex
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey, Side by Side
Total Living Area:
Switch units of measure2,719.6 sq. ft.
Main Level Finished Area:
Switch units of measure1,359.8 sq. ft.
Upper Level Finished Area:
Switch units of measure1,359.8 sq. ft.
Lower Level Finished Area:
Switch units of measure
Above Grade Finished Area:
Switch units of measure
Below Grade Finished Area:
Switch units of measure942.6 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
Switch units of measure2,818 sq. ft.
Lot Frontage:
Switch units of measure50'1"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Switch units of measure
Acres Not Cultivated:
Acres Freehold:
Switch units of measure
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
North
Reg. Size:
Switch units of measure
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
16
Year built:
1921 (Age: 103)
Bedrooms:
8 (Above Grd: 8)
Bedrooms Above Grade:
8
Bedrooms Below Grade:
0
Bathrooms:
5.0 (Full:5, Half:0)
Plan:
3770K
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Bridgeland/Riverside
Range Hood, Refrigerator, Stove(s), Washer, Washer/Dryer Stacked, Window Coverings
fridge, 2 stoves, hood fan,
None Known
Floor
Type
Dimensions
Other
Main Floor
Office
Switch units of measure8'11" x 5'7"
Main Floor
Living Room
Switch units of measure11'10" x 11'10"
Main Floor
Kitchen
Switch units of measure10'3" x 9'4"
Main Floor
Bedroom
Switch units of measure8'3" x 8'
Main Floor
Dining Room
Switch units of measure11'9" x 11'4"
Main Floor
Entrance
Switch units of measure5'6" x 4'7"
Main Floor
Kitchen With Eating Area
Switch units of measure13'9" x 13'4"
Main Floor
Laundry
Switch units of measure4'1" x 2'7"
Main Floor
Bedroom
Switch units of measure10'3" x 9'1"
Main Floor
Living Room
Switch units of measure11'5" x 10'1"
Main Floor
Entrance
Switch units of measure5'7" x 4'7"
Upper Level
Kitchen
Switch units of measure9'2" x 7'8"
Upper Level
Bedroom
Switch units of measure15' x 7'10"
Upper Level
Bedroom - Primary
Switch units of measure15' x 8'
Upper Level
Bedroom
Switch units of measure10'8" x 9'6"
Upper Level
Bedroom
Switch units of measure10'9" x 9'7"
Upper Level
Bedroom
Switch units of measure15'1" x 7'10"
Upper Level
Bedroom - Primary
Switch units of measure15' x 8'2"
Upper Level
Kitchen
Switch units of measure9'3" x 7'8"
Basement
Furnace/Utility Room
Switch units of measure8'4" x 2'4"
Basement
Storage
Switch units of measure9'7" x 9'6"
Basement
Flex Space
Switch units of measure10'4" x 10'1"
Basement
Storage
Switch units of measure9'1" x 8'10"
Basement
Furnace/Utility Room
Switch units of measure19'4" x 8'3"
Basement
Flex Space
Switch units of measure10'10" x 10'9"
Basement
Family Room
Switch units of measure20'4" x 7'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
6'2" x 5'
Upper Level
No
4
7' x 5'
Upper Level
No
4
6'11" x 5'1"
Basement
No
4
9'2" x 5'8"
Basement
No
4
10'5" x 8'11"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Interior Features:
No Smoking Home, Separate Entrance, Vinyl Windows
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Corner Lot, No Neighbours Behind
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
MU-2
Listed Date:
Nov 08, 2024
Days on Mkt:
Listed by Homecare Realty Ltd.
Data was last updated November 27, 2024 at 06:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.