Janet Preston/ John (J.R.) Rogers
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  • 8 bedrooms
  • 4 bathrooms
  • 2,581 sqft
  • 64,540 lot sqft
  • built in 1951
  • Detached
  • A1140873
  • Description:
  • 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.
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Listed By: REDLINE REAL ESTATE GROUP INC.

Disclaimer: 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.


FIRST PLACE REALTY
220, 1822 -10th Avenue S.W., Calgary AB
403 703 3965


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