Courtesy Of CIR REALTY

2003 5 Avenue Nw, Calgary

$1,194,000

8 Beds
4 Baths
1,620 Sqft
.19 Acres
2 Garages

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 your preferred real estate agent for more information on this remarkable investment opportunity!

Essential Information
MLS® #A2051062
Price$1,194,000
Bedrooms8
Bathrooms4.00
Full Baths4
Square Footage1,620
Acres0.19
Year Built1957
TypeResidential
Sub-TypeDuplex
StyleBungalow, Side by Side
StatusActive
Community Information
Address2003 5 Avenue Nw
SubdivisionWest Hillhurst
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3A1P6
Amenities
Parking Spaces4
# of Garages2
Parking

Double Garage Detached, Carport

Interior
Interior FeaturesOpen Floorplan
HeatingForced Air
CoolingNone
Has BasementYes
BasementSee Remarks
Appliances

Dishwasher, Garage Control(s), Gas Stove, Range Hood, Refrigerator

Exterior
Exterior FeaturesNone
Lot DescriptionBack Lane
RoofAsphalt Shingle
ConstructionWood Frame, Wood Siding
FoundationPoured Concrete
Additional Information
Date ListedMay 25th, 2023
Days on Market14
ZoningR-C2
Listing Details
OfficeCourtesy Of CIR REALTY

MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Sign up for email updates