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Opportunity knocks with this duplex featuring a Duplex with a 4PLEX setup, 2 units upstairs and 2 illegal units downstairs. 4 in total. A versatile cash-flowing property! Situated on a spacious 120’ x 68’ corner lot (over 8,000 SQFT) and zoned MC-1, this property is loaded with future redevelopment potential including infill, multi-unit, or mixed-use possibilities (all subject to city approval).Located just one block from vibrant International Avenue (17th Ave SE), tenants enjoy easy access to transit, shopping, restaurants, and schools.The property has a strong rental history with zero vacancy, previously generating $6,900/month in rental income with shared utilities. Recently updated on the 4915 side.Whether you're looking to hold for future development, generate cash flow, or reconfigure into a legal fourplex, the potential here is undeniable. Call for more details before it's GONE! (id:25325)
| MLS® Number | A2242445 |
| Property Type | Multi-family |
| Community Name | Forest Lawn |
| Parking Space Total | 4 |
| Plan | 270jk |
| Constructed Date | 1940 |
| Construction Style Attachment | Attached |
| Stories Total | 1 |
| Size Interior | 1,957 Ft2 |
| Total Finished Area | 1957 Sqft |
| Type | Multi-family |
| Acreage | No |
| Size Irregular | 753.00 |
| Size Total | 753 M2|7,251 - 10,889 Sqft |
| Size Total Text | 753 M2|7,251 - 10,889 Sqft |
| Zoning Description | M-c1 |
https://www.realtor.ca/real-estate/28667938/4913-16-avenue-se-calgary-forest-lawn
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