203 42 Avenue Sw, Calgary, Alberta

$1,175,000

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8

Beds

4

Baths

2,684

Square feet

0.16

Acres

About 203 42 Avenue Sw

RARE INVESTMENT OPPORTUNITY IN PARKHILL! Situated on an oversized 6,800+ sq ft lot in one of Calgary's most sought after inner city communities, this full duplex offers exceptional holding income today with tremendous future upside.Each side features a spacious 3 bedroom upper suite and a 1 bedroom illegal basement suite, creating four income generating units in total. This property has experienced strong tenant demand with minimal vacancy over the years, making it an attractive opportunity for investors seeking reliable cash flow in a premier inner city location. Unit 203A (3 Bedroom, 1 Bathroom) has been recently updated with new stainless steel appliances.Whether you're looking to renovate, hold as a long-term investment, or redevelop, the possibilities are endless. Located just minutes from downtown, stampede park, and the amenities along Macleod Trail, this property offers unmatched convenience with easy access to transit, shopping, dining, and major commuter routes.Opportunities like this are rare. You could live in one unit and rent the other 3 units, or hold this property as a 4 unit rental building. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill! (id:36535)

Features of 203 42 Avenue Sw

Listing # A2348856
Price $1,175,000
Bedrooms 8
Bathrooms 4.00
Square Footage 2,684
Acres 0.16
Year Built 1961
Type Multi-family
Sub-Type Freehold
Style Bungalow

Community Information

Address 203 42 Avenue Sw
Subdivision Parkhill
City Calgary
Province Alberta
Postal Code T2S1A7

Amenities

Amenities Park, Playground, Schools, Shopping
Parking Spaces 4
Parking Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Range - Electric, Dishwasher, Washer & Dryer
Heating Forced air
Cooling None
Fireplace Yes
# of Fireplaces 1
# of Stories 1
Has Basement Yes
Basement Features Separate entrance, Suite
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Stucco
Construction Wood frame
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of REMAX Innovations

Listing Map