24
$450,000 Sale
Listed 1 day
5407 8 Avenue SE
· 4
· 2
· 2
· 791
Key Facts
Key facts for 5407 8 Avenue SE
Property Type
Other, Attached-Up/Down,Bi-Level
Parking
Off Street,On Street,Stall , Off Street,On Street,Stall 2 parking
MLS #
A2357983
Size
791 sqft
Basement
Full,Finished,Separate Entrance
Listed on
-
Lot size
-
Days on Market
-
Year Built
1973
Maintenance Fee
-
Description
MUST BE SOLD ALONG WITH 5405 8AVE SE AS A PACKAGE ( MLS# A2357959) 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 i...nvestors 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 -
Room Types
Bedroom - Primary
9`7" x 12`9"
Dimensions 9'7" x 12'9"
122.19 sqft
Bedroom
11`3" x 8`10"
Dimensions 11'3" x 8'10"
99.38 sqft
4pc Bathroom
7`11" x 5`0"
Dimensions 7'11" x 5'0"
39.58 sqft
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Courtesy of: Synterra Realty
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