Active

OGDEN

7428 23 Street Se, Calgary, AB

$639,900

Residential · MLS® A2320331
5Bedrooms
2Bathrooms
1,077Sq Ft
2Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

3 bedrooms up, 2-bedroom suite down! Excellent rental revenue potential in the established community of Ogden! Located at 7428 23 Street SE, this R-C2 zoned bungalow offers a versatile layout with a main floor residence, legal basement suite, and detached garage that can be rented separately for additional income. Previously rented for over $3,500/month, this property is ideal for investors, multi-generational living, or buyers looking to live up and rent down.

The main floor features 3 bedrooms, a full bathroom, updated...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,077 sq ft
Lot Size5,306 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorPlayground • Private Entrance
BasementFull
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$258After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.4%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

OGDEN

Moderate Investment
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Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Beverly Marsh · CIR Realty