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5405 8 AVE SE, Calgary, AB T2A4L7
5405 8 AVE SE, Calgary, AB T2A4L7
5405 8 AVE SE, Calgary, AB T2A4L7
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$450,000
Est. payment /mo
4 Beds
2 Baths
793 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 793.0

Square Footage 793 sqft

Price per Sqft $567

Subdivision Penbrooke Meadows

MLS Listing ID A2357959

Style Attached-Side by Side,Bi-Level

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1973

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Full Duplex

Property Description

MUST BE SOLD ALONG WITH 5407 8AVE SE AS A PACKAGE ( MLS# A2357983) Solid Bi-Level on a manageable lot in the established community of Penbrooke Meadows. R-C2 zoning offers flexibility for a secondary suite or future updates,making this an excellent opportunity for first-time buyers,families,or investors looking for value in SE Calgary Four-suite side-by-side duplex with $72,000 in-place annual income and 5.94% cap rate.
This fully tenanted side-by-side duplex delivers strong in-place cash flow and is positioned for an investor seeking immediate income. The property generates $6,000 per month ($72,000 annualized) in current contractual rent across four suites (8 bedrooms / 4 bathrooms total). After utilities,property taxes,insurance,and a 5% vacancy allowance,the Net Operating Income is $53,460,supporting a 5.94% capitalization rate. - Roof replaced Oct 2026 - Both units updated - Separate Laundry for each unit -

Location

Province AB

County 0046

Area Cal Zone E

Zoning R-C2

Direction SE

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Full, Finished, Other, Suite

Guest Accommodations Basement

Interior

Interior Features See Remarks, Separate Entrance

Heating Forced Air

Cooling None

Flooring Ceramic Tile, Laminate

Fireplace No

Appliance Electric Range, Range Hood, Refrigerator, Washer/Dryer, Washer/Dryer Stacked

Laundry In Basement, In Unit, Main Level

Exterior

Exterior Feature Private Entrance, Private Yard

Parking Features Double Garage Detached

Garage Spaces 2.0

Fence Fenced

Community Features None

Roof Type Asphalt Shingle

Porch None

Total Parking Spaces 2

Garage Yes

Building

Lot Description Back Lane, City Lot, Front Yard, Landscaped

Dwelling Type Duplex

Faces N

Story Bi-Level

Foundation Poured Concrete

Architectural Style Attached-Side by Side, Bi-Level

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories Bi-Level

New Construction No

Others

Restrictions None Known


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Listed by Synterra Realty

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Katrina Barrion

Katrina Barrion

+1(403) 774-7447

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