2236 47 Street SE Calgary, AB T2B 1L6

$525,000
4
Beds
4
Baths
0.13
Acres
1,054
SQFT
498
$/SQFT
$525,000
4
Beds
4
Baths
1,054   sf
$498 / sf
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price reduced
1/38
Street View

This 4-suites single family detached home will be of interest to Starting Investor looking to increase their number of retal units. This home has good Cash Flow for investors and first time owner with interest in getting experience and involvement in Real Estate Rental business. the long term existing tenants are willing to stay and new owners mightclose and take possession immediately if the Buyer assumes existing tenants.. The four units in this grande fathered units generates good monthly revenue and has potential for more, should the rent be adjusted to current monthly rent o similar suites in the city. There are One Two-Bedroom and One Bachelor suites on the Mainfloor and the basement has One One-bedroom and One Bachelor suites. each of the 4 suites has one 4-piece bathroom. three of the four suites has full functional kitchens with fridge and stoves. Other features of the property, with Southwest facing frontage are paved two RV Parking stall which may be coveeted to Four Cars parling stalls. The backyard is dominated with a massive Garage/Workshop that boasts a 10 foot Single garage door, a second floor Office/Mezzani that was once an Upholstry?Antique Furniture workshop. The potential for income generating is quite mant for the buyer with good income generation vision.

This 4-suites single family detached home will be of interest to Starting Investor looking to increase their number of retal units. This home has good Cash Flow for investors and first time owner with interest in getting experience and involvement in Real Estate Rental business. the long term existing tenants are willing to stay and new owners mightclose and take possession immediately if the Buyer assumes existing tenants.. The four units in this grande fathered units generates good monthly revenue and has potential for more, should the rent be adjusted to current monthly rent o similar suites in the city. There are One Two-Bedroom and One Bachelor suites on the Mainfloor and the basement has One One-bedroom and One Bachelor suites. each of the 4 suites has one 4-piece bathroom. three of the four suites has full functional kitchens with fridge and stoves. Other features of the property, with Southwest facing frontage are paved two RV Parking stall which may be coveeted to Four Cars parling stalls. The backyard is dominated with a massive Garage/Workshop that boasts a 10 foot Single garage door, a second floor Office/Mezzani that was once an Upholstry?Antique Furniture workshop. The potential for income generating is quite mant for the buyer with good income generation vision.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Calgary
  • Status
    Active
  • Listing #
    A2190499
  • Built
    1959
  • Lot Size
    0.13
  • Listed on site
    26 days
  • Listing Brokerage
    Elephant Realty Services

Listed by:

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. Last updated: 2025-02-21 21:27:42
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Property details

Community Features

  • No HOA

Property Features

  • InLaw Suite

Exterior features

  • Carport
  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • Basement Finished
  • Basement Full
  • Basement Suite

Style

  • Bungalow
  • One Story
  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Feb 21, 20252 days agoPrice decreased25,000 (5%)$525,000
Feb 12, 202511 days agoPrice decreased29,888 (5%)$550,000
Jan 28, 202526 days agoNew on market$579,888
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