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2820 Morley Trail Nw,
$1,490,000
This unique property stands out as a substantial revenue generator and a prime investment opportunity, with its M-C1 zoning designated for mixed residential developments and the potential for future redevelopment into an apartment complex. Having been renovated by a professional designer, it is optimized for short-term rentals. The property features a spacious open kitchen with a large island on the main floor, ideal for hosting. Each of the three large bedrooms on this level includes its own ensuite, ensuring privacy and comfort for guests or tenants. The basement offers additional flexibility and convenience with separate entrances, accommodating four bedrooms, a kitchen, and two bathrooms. Originally a 4-plex and renovated into an up-and-down duplex, the property now includes distinctive attributes such as 7 bedrooms, 5 bathrooms, multiple utility installations, dual laundry facilities, a commercial air conditioner, and an automatic sliding glass door at the rear. Parking is ample, with a large pad suitable for RVs or boats, and extra storage is provided by an outdoor shed. With potential rental income ranging from approximately $8,000 to $10,000 a month, this property is not only an attractive investment but also poised for significant cash flow enhancement and future development potential.
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Listing information last updated on May 17th, 2024 at 3:45am MDT.