Opportunity knocks with this Detached Multi Family Bungalow in Bridgeland. Situated on a Corner lot with 4 Separate Addresses. This complex has one 3 Bedroom (Main floor) Suite, two 1 bedroom illegal Suites (basement) and 1 bachelor illegal suite (above the garage) and 2 oversized Single car garages. The Rents were low and it was nearly a 5% CAP Rate and in an amazing inner city community. This has endless potential for the savvy investor looking to add a Rental property to their portfolio, or a developer looking to capitalize on a corner lot zoned for Multifamily, or a first time buyer looking to live upstairs and subsidize their expenses with the Rental suites.
| Address | 721 4 Avenue NE |
| List Price | $999,800 |
| Property Type | Residential |
| Type of Dwelling | Detached |
| Style of Home | Bungalow |
| Area | Calgary CC |
| Sub-Area | Bridgeland/Riverside |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Floor Area | 1,598 Sq. Ft. |
| Lot Size | 4908 Sq M. |
| Year Built | 1953 |
| MLS® Number | A2168009 |
| Listing Brokerage | Century 21 Bamber Realty LTD. |
| Basement Area | Separate/Exterior Entry, Finished, See Remarks, Suite, Walk-Out To Grade |
| Postal Code | T2E 0K3 |
| Zoning | R-CG |
| Site Influences | Back Lane, Back Yard, Corner Lot, Front Yard, Garden, Schools Nearby, Shopping Nearby, Walking/Bike Paths, Playground, Sidewalks, Street Lights, Street Lighting |