2003 5 Avenue NW

2003 5 Avenue NW, Calgary

$1,194,000

  • 8
  • 4
1,620 Square Feet
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!
  • Listing ID: A2051062
  • Property Type: Residential
  • Year Built: 1957
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Rooms

LevelTypeDimensions
MainLiving Room12`8" x 17`7"
MainKitchen9`7" x 1`1"
MainBedroom - Primary10`9" x 12`0"
MainBedroom10`5" x 11`1"
Main4pc Bathroom0`0" x 0`0"
Main4pc Bathroom0`0" x 0`0"
MainLiving/Dining Room Combination12`8" x 17`7"
MainKitchen9`3" x 11`2"
MainBedroom - Primary10`8" x 12`0"
MainBedroom10`9" x 11`2"
Basement4pc Bathroom0`0" x 0`0"
Basement4pc Bathroom0`0" x 0`0"
BasementBedroom9`9" x 9`9"
BasementBedroom9`9" x 10`2"
BasementBedroom10`2" x 9`9"
BasementBedroom8`8" x 9`7"

Listing provided courtesy of CIR REALTY

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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Want more information or schedule a showing? Contact Vanessa your local REALTOR® that specializes in Calgary properties.

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    This property for sale at 2003 5 Avenue NW in Calgary was last modified on May 30th, 2023. Contact Vanessa Pitman today and schedule a viewing or subscribe to real estate for sale in Calgary.

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