Duplex Property Sold in Renfrew, Calgary at Xxx Xxa Street Ne

Here's a remarkable chance for investors to acquire a fully-equipped duplex on one title, situated in the established and highly sought after Renfrew community. The property sits on a 7100sqft corner lot, offering numerous redevelopment possibilities. You can take advantage of the location and lot size by redeveloping into a two, three, or four-plex, subject to City approval. Alternatively, you could refurbish it and maintain it as an investment property, expanding the two-income property into a four-income property. The two units have two bedrooms, a den/bedroom, and a 4-piece bathroom upstairs, with Unit-704 having an extra kitchenette and Unit-702 offering a 3pc bathroom. Please note that all photos are of Unit-704 since Unit-702 requires some TLC, providing an opportunity to roll up your sleeves and enhance your earning potential. This inner-city property is located next to two parks, near transit, trendy Bridgeland amenities, restaurants, and shops, schools, a community pool, main access roads, grocery stores, the Calgary Zoo, and Calgary Science Centre. *Both Units are currently occupied by long-term tenants (23 years, 6 years) who wish to continue residing in the Units.

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