5706 2 Street SW, Calgary, Alberta
$1,249,990
- 8 Beds
- 4 Baths
- 2,072 Square Feet
| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale. (id:59963)
- Listing ID: A2162576
- Property Type: Multi-family
- Year Built: 1968
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5706 2 Street SW in Calgary Ontario. It was last modified on September 4th, 2024. Contact the Jobbagy Stephen & Associates Real Estate to schedule a viewing or to discover other Calgary real estate for sale.