Description
Investors and Entrepreneurs, dont miss this fantastic opportunity to own a revenue generating duplex in the highly sought-after community of Thorncliff. Perfect chance to live for free and have someone else pay for your home, plus positive cash flow! Property sits on a huge pie-shaped lot with great potential to add a triple car garage/workshop (subject to city approval) in addition to the existing double garage in back. The potential triple garage can easily be additional rental revenue or perfect as a Work From Home space (subject to city permitting and approval). Currently this duplex is configured with three suites (two upper legal suites with one basement illegal suite) but can very easily be converted back to a 4-suiter to maximize rental income (two upper legal suites with 2 lower illegal suites). Buyers may contact City of Calgary to find out more details to legalize basement suites. The upper levels of both sides of the duplex are mirror images of each other, consisting of a spacious living room, bright kitchen, full bath, storage and two large bedrooms. The lower level of #12 contains two bedrooms, huge family room, storage area and a full bath. This lower level has roughed-in 220v power, plumbing, drain and pantry for a full kitchen and can easily be converted back to a basement suite (illegal) with its own private entrance. The 12A side underwent substantial renovations in excess of $100,000 several years ago with new ceilings, flooring, baseboards, paint and more. The lower level contains two bedrooms, updated kitchen, spacious living room, dining room, full bath and large bright windows. Property also offers updated 100 amp electrical panel, low maintenance SBS roofing system and so much more. Minutes to downtown, shopping, airport and Deerfoot Trail. Property is surrounded by all levels of schools with public transportation just around the corner. This is a must see property with huge upside potential! Perfect property to add to your investment portfolio. Book your showings today!
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8BEDS
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0.19ACRES
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4BATHS
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01/2 BATHS
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2,029SQFT
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$357$/SQFT
Description
Investors and Entrepreneurs, dont miss this fantastic opportunity to own a revenue generating duplex in the highly sought-after community of Thorncliff. Perfect chance to live for free and have someone else pay for your home, plus positive cash flow! Property sits on a huge pie-shaped lot with great potential to add a triple car garage/workshop (subject to city approval) in addition to the existing double garage in back. The potential triple garage can easily be additional rental revenue or perfect as a Work From Home space (subject to city permitting and approval). Currently this duplex is configured with three suites (two upper legal suites with one basement illegal suite) but can very easily be converted back to a 4-suiter to maximize rental income (two upper legal suites with 2 lower illegal suites). Buyers may contact City of Calgary to find out more details to legalize basement suites. The upper levels of both sides of the duplex are mirror images of each other, consisting of a spacious living room, bright kitchen, full bath, storage and two large bedrooms. The lower level of #12 contains two bedrooms, huge family room, storage area and a full bath. This lower level has roughed-in 220v power, plumbing, drain and pantry for a full kitchen and can easily be converted back to a basement suite (illegal) with its own private entrance. The 12A side underwent substantial renovations in excess of $100,000 several years ago with new ceilings, flooring, baseboards, paint and more. The lower level contains two bedrooms, updated kitchen, spacious living room, dining room, full bath and large bright windows. Property also offers updated 100 amp electrical panel, low maintenance SBS roofing system and so much more. Minutes to downtown, shopping, airport and Deerfoot Trail. Property is surrounded by all levels of schools with public transportation just around the corner. This is a must see property with huge upside potential! Perfect property to add to your investment portfolio. Book your showings today!