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52 Pennsburg Way SECalgary, AB T2A2J5
Discover an exceptional investment opportunity in a highly desirable and convenient location! This well-maintained property offers strong positive cash flow and incredible versatility for both investors and homeowners alike.The bright and spacious main floor features three generous bedrooms plus a flexible den—perfect as a fourth bedroom or home office. Enjoy a functional kitchen with ample cabinetry and a full four-piece bathroom complete with a relaxing jetted tub.The fully developed basement includes a self-contained three-bedroom illegal suite with its own kitchen and four-piece bathroom, ideal for extended family or generating consistent rental income.Recent upgrades, including a new hot water tank, new washer, new furnace motor and updated closet doors, add to the home’s overall value and appeal.Step outside to a private backyard with no rear neighbours, offering added peace and privacy. Additional highlights include RV parking, abundant street parking, and a storage shed already generating steady monthly income.Perfectly located close to schools, parks, shopping, and public transit, this property is a smart choice for investors seeking solid returns or first-time buyers looking to offset mortgage costs.Current rents include: Main Floor tenant pays $2,230 plus 60% utilities, Basement tenant pays $1,970 plus 40% utilities, and the storage shed was previously rented for $240 per month, creating great positive cash flow from day one.A rare opportunity combining cash flow, flexibility, and location—this is one you don’t want to miss! (id:31684)
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).
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