Selling Solutions ! .... Not Promises

Montgomery, Calgary Listing #: A1140873

$549,000
8 Beds
4 Baths
2,581 Sqft
64,540 Lot SqFt
1951 Built


Attention INVESTORS! Here's a unique opportunity in Montgomery. It's a prime development location & offers great 'cash flow' with long term tenants willing to stay. The property is a 2581 sqft main structure with a 2 storey CARRIAGE HOUSE on the garage offering 4 tenanted units! The building is split into a 1485 sqft, 3 bed+den/1bath main floor unit, plus a 2 bedroom, 1 bath suite on the 2nd level (1096 sqft) and an illegal basement suite with 1bed+den/1bath. The illegal 2 storey garage suite has another 1bed+1 bathroom. Bathrooms have been recently updated with vinyl flooring and new tub surround. 2nd floor unit has its own electric meter and furnace. Basement unit has in-floor water heating. With some TLC but this can be an even more amazing revenue property. This one piece of real estate generates over $4000/mth in rents! A savvy 'house hacker' can move into one unit & have the others cover the expenses. Hold on to this long-term or take advantage of the M-CG land designation and redevelop up to 6 units.
Site Influences
  • Park
  • Back Lane
  • Back Yard
  • Level
  • Rectangular Lot

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Listed By: REDLINE REAL ESTATE GROUP INC.

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