About 721 4 Avenue Ne
Opportunity knocks with this Detached Multi Family Bungalow in Bridgeland. Situated on a Corner lot with 4 Separate Addresses. This complex has one 3 Bedroom (Main floor) Suite, two 1 bedroom illegal Suites (basement) and 1 bachelor illegal suite (above the garage) and 2 oversized Single car garages. The Rents were low and it was nearly a 5% CAP Rate and in an amazing inner city community. This has endless potential for the savvy investor looking to add a Rental property to their portfolio, or a developer looking to capitalize on a corner lot zoned for Multifamily, or a first time buyer looking to live upstairs and subsidize their expenses with the Rental suites.
Features of 721 4 Avenue Ne
| MLS® # | A2168009 |
|---|---|
| Price | $999,800 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 1,598 |
| Acres | 0.11 |
| Year Built | 1953 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 721 4 Avenue Ne |
|---|---|
| Subdivision | Bridgeland/Riverside |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2E 0K3 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Off Street, Single Garage Attached, Single Garage Detached |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Separate Entrance, Vinyl Windows, Crown Molding |
|---|---|
| Appliances | Dryer, Electric Stove, Gas Stove, Refrigerator, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Exterior Entry, Finished, Suite, Walk-Out, See Remarks |
Exterior
| Exterior Features | Balcony, Garden, Private Yard |
|---|---|
| Lot Description | Back Lane, Back Yard, Street Lighting, Corner Lot, Front Yard, Garden |
| Roof | Asphalt Shingle |
| Construction | Stucco |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | September 30th, 2024 |
|---|---|
| Days on Market | 28 |
| Zoning | R-CG |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Century 21 Bamber Realty LTD. |
|---|