Excellent investment opportunity in Ogden with strong rental income potential! This spacious 6-bedroom bungalow offers approximately 1,718.9 sq. ft. of total finished living space, including a fully developed basement with 3 additional bedrooms, a full bathroom, and egress windows. The main floor features 3 bedrooms, a full bathroom, and the primary kitchen, providing a functional layout for shared accommodation or a large family.
Currently generating approximately $3,100/month in rental income with 5 of 6 rooms occupied, this property offers potential to increase income to approximately $3,700/month when fully rented *. The home is located near the future Green Line LRT, adding long-term growth potential and convenience for tenants.
The property includes a large backyard, an additional side entrance, and a flexible layout with potential for future customization (subject to City requirements and permits).
An excellent opportunity for investors looking for an income-producing property in a growing Calgary community.
Address
2714 74 Avenue SE
List Price
$499,500
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary SE
Sub-Area
Ogden
Bedrooms
6
Bathrooms
2
Floor Area
1,013 Sq. Ft.
Lot Size
4606 Sq. Ft.
Year Built
1996
MLS® Number
A2326450
Listing Brokerage
CIR Realty
Basement Area
Full
Postal Code
T2C 4M3
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Gazebo, Low Maintenance Landscape, Landscaped, None