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422 40 Ne Street, Calgary, Alberta T2A0M5

Marlborough, Calgary, Alberta T2A0M5

$554,999

4

Bedrooms

2

Bathrooms

727.65

Sq Ft

1971

Year Built

About This Property

TURNKEY INVESTMENT OPPORTUNITY in established NE Calgary — this fully renovated bi-level duplex has been rented consistently every year at $2,400-3,000/month and has a long term agreement with tenants for the legal suite(full home). A proven income-generating property with zero vacancy history. *** UPPER UNIT features 2 bedrooms | 4pc bathroom | Completely remodelled kitchen with new cabinets, counters & flooring | New bathroom flooring, tiling & cabinetry | Mirrored closet doors | All appliances included. *** LOWER ILLEGAL SUITE features 2 bedrooms | 3pc bathroom | Full kitchen | Rec room | Laminate flooring in bedrooms | In-suite laundry. Please note the lower illegal suite does not have development permits and is considered non-conforming — buyers to conduct their own due diligence regarding permits and compliance with the City of Calgary. *** OUTSIDE features a large detached garage (21.42 x 21.58 ft — 437 sq ft) | Fully fenced yard | Mature trees | Great curb appeal. *** Each unit includes its own stove, fridge, washer & dryer. *** Whether you are an investor looking for a proven rental or a savvy buyer looking to live in one unit and rent the other — this property delivers on every level.

Essential Information

MLS®#A2309318
Price$554,999
Bedrooms4
Full Baths2
Square Footage727.65
Lot SQFT0.01
Year Built1971
Typeduplex
Sub-TypeSemi Detached (Half Duplex)
StyleAttached-Up/Down, Bi-Level
Statusactive

Parking

ParkingAlley Access, Double Garage Detached, Insulated
# of Garages2
Garage Typeattached

Exterior

Exterior FeaturesPrivate Yard
Lot DescriptionBack Yard, City Lot, Front Yard, Garden, Irregular Lot, Landscaped, Treed
RoofAsphalt Shingle
FoundationPoured Concrete
Front ExposureW

Community Information

Address422 40 Ne Street, Calgary, Alberta T2A0M5
SubdivisionMarlborough
CityCalgary
ProvinceAlberta
Postal CodeT2A0M5

Interior

HeatingForced Air, Natural Gas
CoolingNone
BasementFull
FlooringLaminate
Interior FeaturesKitchen Island
LaundryElectric Dryer Hookup, Washer Hookup

Construction & Details

ConstructionConcrete, Stucco, Wood Frame
ZoningR-CG

Inclusions

Appliances

Electric StoveMicrowaveRange HoodRefrigeratorWasher/Dryer Stacked

Listing Details

Listing OfficeReal Broker
Days on Market62
Data SourcePillar 9

Location

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MLS® Number: A2309318

Listing Brokerage: Real Broker

Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

Interested in this property?

CE

Conor Elder

LPT Realty

Monthly Payment Estimate

~$2,312/mo

Based on 20% down, 5.5% interest rate, 25-year amortization