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Graham Terryberry

graham@terryberrygroup.com +1(403) 909-6787

$ 510,000

Est. payment -/mo

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2714 74 Avenue SE Calgary, AB T2C4M3

6 Beds

2 Baths

997 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 997

Square Footage 997 sqft

Price per Sqft $511

Subdivision Ogden

MLS® Listing ID A2326450

Style Bungalow

Bedrooms 6

Year Built 1996

Lot Size 4,606 Sqft

Acres 0.1057611

Property Sub-Type Freehold

Property Description

Currently generating $3,100 per month in rental income, this cash-flowing 6-bedroom bungalow offers an exceptional investment opportunity in the established community of Ogden. Five of the six bedrooms are currently rented to professional tenants, with two larger rooms rented for $650/month each and three additional rooms rented for $600/month each. The vacant sixth bedroom has a rental potential of $600/month, bringing the total potential monthly rental income to approximately $3,700 when fully occupied. Tenants have the flexibility to remain or vacate, making this an excellent opportunity for investors seeking immediate income or homeowners looking to offset their mortgage with rental revenue.Ideally set up for room rentals, this spacious bungalow is located just two blocks from the future Green Line LRT station, offering exceptional long-term growth potential and convenient transit access.The functional layout features 3 bedrooms on the main floor and 3 additional bedrooms in the fully developed basement, along with 2 full bathrooms, one on each level. All basement bedrooms include egress windows, enhancing both safety and livability while maximizing the home's rental appeal.Situated on a large lot in the desirable community of Ogden, the property offers a generous backyard complete with a gazebo, firepit, barbecue area, and swing, creating an inviting outdoor space for relaxing or entertaining.Whether you're looking to expand your investment portfolio, generate strong rental income from day one, or purchase a home with excellent mortgage-offset potential, this property offers a rare combination of immediate cash flow, flexible occupancy options, future appreciation potential, and an unbeatable location. (id:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 10.92 Ft x 14.42 Ft Bedroom

Extra Room 2 Basement 10.33 Ft x 10.83 Ft Bedroom

Extra Room 3 Basement 8.17 Ft x 11.25 Ft Bedroom

Extra Room 4 Basement 5.00 Ft x 8.00 Ft 3pc Bathroom

Extra Room 5 Main level 12.08 Ft x 12.75 Ft Bedroom

Extra Room 6 Main level 8.33 Ft x 8.92 Ft Bedroom

Interior

Heating Forced air,

Cooling None

Flooring Hardwood, Laminate

Exterior

Parking Features No

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Lot Description Landscaped

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Listed by CIR Realty

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Graham Terryberry

Agent / Team Leader

+1(403) 909-6787 | graham@terryberrygroup.com

Graham Terryberry

2714 74 Avenue SE Calgary, AB T2C4M3

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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2714 74 Avenue SE