52 Pennsburg Way SECalgary, AB T2A2J5
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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)
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
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