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 Ryan & Dennis Shandruk About MLS® A2177456

Required Field

Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3

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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Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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