For Sale

3911, 1 Street NW, Alberta, Calgary

3 Beds 2 Bath 800 Sqft

$450,000

About Property

Investment opportunities like this are becoming increasingly difficult to find. Offering immediate rental income, two self-contained living spaces, and the long-term advantages of owning a detached home in the established community of Highland Park, this property is an excellent addition to any real estate portfolio. Located in the desirable inner-city community of Highland Park, investors will appreciate the strong rental appeal created by convenient access to downtown Calgary, Centre Street, Edmonton Trail, Deerfoot Trail, public transit, parks, schools, shopping, restaurants, and nearby amenities. The central location continues to attract tenants seeking affordable housing with excellent access throughout the city, making this a smart long-term investment. The property features two separate living spaces, providing excellent income potential and flexibility. The main floor offers a well-maintained two-bedroom, one-bathroom living space with its own private washer and dryer. Thoughtful updates completed in approximately 2015 provide a move-in-ready living environment that continues to appeal to quality tenants. The lower level features a separate one-bedroom, one-bathroom illegal suite, also complete with its own private washer and dryer. One of the standout advantages of this property is that both are currently occupied under one-year lease agreements, providing immediate rental income from day one and reducing the uncertainty and costs associated with securing new tenants. Outside, the detached single garage further enhances the property's desirability by providing secure parking, additional storage, or flexible space for tenant use. An increasingly valuable feature for rental properties in established inner-city neighbourhoods. Whether you are looking to expand your investment portfolio, enter the Calgary rental market, or secure a property with future redevelopment potential commonly associated with established inner-city communities, this property offers outstanding value. Combining immediate cash flow, a detached home, two income-producing living spaces, a detached garage, and an exceptional Highland Park location, this is an investment opportunity well worth your consideration.

3 Bedrooms
2 Bathrooms
800 sq ft
Garage
SingleFamilyResidence
Built 1959
Active
1 Floor
Interior Details
  • See Remarks
  • Separate Entrance
Outdoor Details
  • Other
MLS Number
245384598
Price
$450,000

Bedrooms
3
Bathroom
2

Square Footage
800 sq ft
Property Type
RES

Community Name
Features
Forced Air,Natural Gas, Lower Level,Upper Level

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
3

Appliances
Vinyl Siding,Wood Frame
Cooling Type
None

Constructed Date
1959
Heating Type
Forced Air,Natural Gas

Pool
Exterior Finish
Bungalow

Fireplace Present
No
Fireplace Total
0

Flooring Type
Carpet,Ceramic Tile,Hardwood
Foundation Type
Poured Concrete

Half Bath Total
0
Stories Total
1

Size Interior
800
Total Finished Area
800
Spaces

Details
Single Garage Detached
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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