2040 47 Street Se, Calgary

$645,000

4 Beds
2 Baths
1,049 Sqft
.15 Acres
2 Garages

POTENTIAL, POTENTIAL, POTENTIAL! This massive corner lot is a prime investment opportunity with so much potential. This classic bungalow boasts nearly 2,000 sq ft of developed living space with a lot that’s over 50 feet wide. Located conveniently close to downtown and numerous amenities, this property offers unparalleled versatility for homeowners and investors alike.
The home features a spacious main floor and a large illegal basement suite, perfect for those looking to maximize rental income. You can live upstairs while renting out the basement, or rent both units and create an opportunity to generate cash flow. The double detached garage adds further value and convenience.
For developers, the potential is even greater. With proper permits, you can choose to transform this property into multi-family row housing – an ideal investment opportunity where you can choose to sell or rent the units. The huge lot and prime location make this property a rare find with significant future upside.
Don't miss out on this exceptional property with so many possibilities. Whether you're looking to invest, develop, or create your dream home, this corner lot is full of opportunities!

Essential Information
MLS® #A2182979
Price$645,000
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,049
Acres0.15
Year Built1959
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address2040 47 Street Se
SubdivisionForest Lawn
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2B 1L3
Amenities
Parking Spaces5
# of Garages2
Parking

Double Garage Detached, Driveway, Oversized

Interior
Interior FeaturesCeiling Fan(s), See Remarks
HeatingForced Air
CoolingNone
Has BasementYes
BasementExterior Entry, Full, Suite
Appliances

Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer

Exterior
Exterior FeaturesOther
RoofAsphalt Shingle
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Corner Lot

Construction

Stucco, Wood Frame, Wood Siding

Additional Information
ZoningR-CG
Listing Details
OfficeReal Broker
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