1516 45 STREET SE, CALGARY, ALBERTA

I just finished uploading this House for sale, 1516 45 Street SE, Calgary, Alberta

What a great revenue property. This large 2 bedroom up and one bedroom down will be a great addition to your rental portfolio. Upstairs was freshly painted and newer flooring. The basement and garage have been rented to the same tenants for the past 5 years. With the current lower and garage paying $1100 per month and an upstairs potential of $1200 per month, this is a profitable investment. The large R-C2 zoned lot adds to the value of the property and it is blocks to the high school, 17th ave and Ernie star arena/Bob Bahan aquatic and fitness center. The back yard also has a large double parking pad. The property does need a new roof and a kitchen renovation, but with the right financing it will be a great long term investment. The Calgary market is seeing signs of recovery. Call your favorite realtor to arrange for a viewing. With returns this great, this investment won’t last! *Lower suite is illegal.