Property Details
3911 1 Street NW
Calgary (A2332916)
Description
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.
Property details
- MLS® #
- A2332916
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Highland Park
- Price
- $450,000
- Sale/Lease:
- For Sale
- Size:
- 801 sq.ft.
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1959 (67 years old)
- Structure Type:
- House
- Building Style:
- Bungalow
- Garage:
- Yes
- Parking:
- Single Garage Detached
- Fence:
- Fenced
- Basement:
- Full
- Features:
- See Remarks, Separate Entrance
- Inclusions:
- In Basement: Fridge, Washer/Dryer, Microwave
- Appliances:
- Electric Stove, Range Hood, Refrigerator, Washer/Dryer
- Laundry:
- Lower Level, Upper Level
- Exterior Features:
- Other
- Patio/Porch Features:
- Front Porch
- Nearby Amenities:
- Other
- Lot Size:
- 0 acres
- Lot Features:
- Back Lane, Back Yard, Landscaped, Rectangular Lot
- Zoning:
- R-CG
- Roof:
- Asphalt Shingle
- Exterior:
- Vinyl Siding,Wood Frame
- Floors:
- Carpet, Ceramic Tile, Hardwood
- Foundation:
- Poured Concrete
- Heating:
- Forced Air, Natural Gas
- Cooling:
- None
- Amenities:
- Other
- Possession:
- Negotiable,Subject To Tenancy
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
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Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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