Attention INVESTORS! Here’s a unique opportunity in Montgomery. It’s a prime development location & offers great ‘cash flow’ with long term tenants willing to stay. The property is a 2581 sqft main structure with a 2 storey CARRIAGE HOUSE on the garage offering 4 tenanted units! The building is split into a 1485 sqft, 3 bed+den/1bath main floor unit, plus a 2 bedroom, 1 bath suite on the 2nd level (1096 sqft) and an illegal basement suite with 1bed+den/1bath. The illegal 2 storey garage suite has another 1bed+1 bathroom. Bathrooms have been recently updated with vinyl flooring and new tub surround. 2nd floor unit has its own electric meter and furnace. Basement unit has in-floor water heating. With some TLC but this can be an even more amazing revenue property. This one piece of real estate generates over $4000/mth in rents! A savvy ‘house hacker’ can move into one unit & have the others cover the expenses. Hold on to this long-term or take advantage of the M-CG land designation and redevelop up to 6 units.

Property Details

Price:
$595,000
MLS #:
A1140873
Status:
Active
Beds:
8
Baths:
4.00
Address:
4324 Bowness Road NW
Type:
Single Family
City:
Calgary
Listed Date:
Sep 3, 2021
Province:
AB
Square Ft (approx):
2,581
Postal Code:
306
Subdivision:
Montgomery
Lot Size:
5,996 sqft / 0.14 acres (approx)
Year Built:
1951

Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Basement
Finished, Suite, Walk- Out
Bathrooms Full
4
Laundry Features
Laundry Room, Main Level

Exterior

Exterior Features
None
Lot Features
Back Lane, Back Yard, Level, Rectangular Lot
Parking Features
Stall, Single Garage Detached
Parking Total
3
Patio And Porch Features
Patio
Roof
Asphalt Shingle

Financial

Map

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4324 Bowness Road NW
Calgary, AB