Off-Market | Full Duplex in Bowness *SOLD*

$729,900

2 up 2 down per side

1 up 1 down per side

7325/7327 37 Avenue NW, Calgary, Alberta
Full Duplex (1 title)
Square Footage: 909sqft per side
Zoning: R-C2
Year Built: 1967
Lot Size: 6082 sqft
Parking:
Suite:

Notes/Comments

This full side-by-side duplex, sold on one title, is currently tenant-occupied with both fixed-term leases until May 1, 2024. Great opportunity to add legal secondary basement suites on each side, converting it from duplex to a 4plex for added value and add up to a 4 car garage in the rear for additional income (subject to city approval). New electrical panels with upgraded 100 amps (2021) on both sides. Mid-efficiency Carrier furnaces replaced approx 12 years ago. Approximate age of roof is from year 2005.Situated across from a school field and surrounded by infill redevelopment, this property is primed for growth. The active revitalization of older properties in Bowness enhances the investment potential.Don't miss out on this chance to buy in Bowness. Whether for immediate rental income or as a long-term value-add project, this full duplex is a promising investment in a dynamic and evolving community.*Unit 7325 has a long-term tenant who has been there for over a decade. Tenant is willing to stay and open to a rent increase.*Unit 7327 has been smoked in with a long term older tenant. Unit is clean and in good condition otherwise. Tenant is willing to stay and open to a rent increase. Contact us for more information

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