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2040 47 Street SE
Calgary
Update on 2023-07-04 10:05:04 AM
$625,000
4
BEDROOMS
2 + 0
BATHROOMS
1049
SQUARE FEET
1959
YEAR BUILT
MLS® Number
A2182979
PROPERTY TYPE
Residential
LISTING DATE
2024-12-19
POTENTIAL, POTENTIAL, POTENTIAL! This massive corner lot is a prime investment opportunity with so much potential. This classic bungalow boasts nearly 2,000 sq ft of developed living space with a lot that’s over 50 feet wide. Located conveniently close to downtown and numerous amenities, this property offers unparalleled versatility for homeowners and investors alike. The home features a spacious main floor and a large illegal basement suite, perfect for those looking to maximize rental income. You can live upstairs while renting out the basement, or rent both units and create an opportunity to generate cash flow. The double detached garage adds further value and convenience. For developers, the potential is even greater. With proper permits, you can choose to transform this property into multi-family row housing – an ideal investment opportunity where you can choose to sell or rent the units. The huge lot and prime location make this property a rare find with significant future upside. Don't miss out on this exceptional property with so many possibilities. Whether you're looking to invest, develop, or create your dream home, this corner lot is full of opportunities!
(403) 271-0600
| COMMUNITY | Forest Lawn |
| TYPE | Residential |
| STYLE | Bungalow |
| YEAR BUILT | 1959 |
| SQUARE FOOTAGE | 1049.0 |
| BEDROOMS | 4 |
| BATHROOMS | 2 |
| BASEMENT | EE, Full Basement, SUIT |
| FEATURES |
| GARAGE | Yes |
| PARKING | Double Garage Detached, Driveway, Oversized |
| ROOF | Asphalt Shingle |
| LOT SQFT | 614 |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Master Bedroom | ||
| Second Bedroom | 4.27 x 3.02 | Main |
| Third Bedroom | 3.28 x 2.44 | Main |
| Dining Room | 2.95 x 2.62 | Main |
| Family Room | ||
| Kitchen | 5.41 x 3.05 | Basement |
| Living Room | 4.55 x 3.89 | Basement |
INTERIOR
None, Forced Air,
EXTERIOR
Back Lane, Back Yard, Corner Lot
Broker
Real Broker
Agent