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!
Address
2040 47 Street SE
List Price
$645,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Calgary E
Sub-Area
Forest Lawn
Bedrooms
4
Bathrooms
2
Floor Area
1,049 Sq. Ft.
Lot Size
6609 Sq. Ft.
Year Built
1959
MLS® Number
A2182979
Listing Brokerage
Real Broker
Basement Area
Separate/Exterior Entry, Full, Suite
Postal Code
T2B 1L3
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Corner Lot, Schools Nearby, Shopping Nearby, Park, Playground