5407 8 AVE SE Calgary, AB T2A4L7
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 791.0
Square Footage 791 sqft
Price per Sqft $568
Subdivision Penbrooke Meadows
MLS Listing ID A2357983
Style Attached-Up/Down,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
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
Community Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Area Cal Zone E
Zoning R-C2
Direction SE
Location Details Suite Attached/Within Primary Dwelling
Rooms
Basement Full, Finished, Separate/Exterior Entry, Suite
Guest Accommodations Basement
Interior
Interior Features See Remarks
Heating Forced Air
Cooling None
Flooring Ceramic Tile, Laminate, Vinyl
Fireplace No
Appliance Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Washer/Dryer Stacked
Laundry In Basement, Other
Exterior
Exterior Feature Private Yard
Parking Features Off Street, On Street, Stall
Fence Fenced
Community Features Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch None
Total Parking Spaces 2
Garage No
Building
Lot Description Back Lane, City Lot, Landscaped
Dwelling Type Duplex
Faces N
Story Bi-Level
Foundation Poured Concrete
Architectural Style Attached-Up/Down, Bi-Level
Dwelling Type Suite Attached/Within Primary Dwelling
Level or Stories Bi-Level
New Construction No
Others
Restrictions None Known
NEARBY SCHOOL & BUSINESS
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