JN REAL ESTATE GROUP

Penbrooke Meadows

LIST PRICE

$450,000

5407 8 Avenue SE, Calgary · T2A4L7

4 BEDROOMS · 2 BATHROOMS · 791 SQFT · BUILT 1973

MLS A2357983 · 3 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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 investors 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 -

DETAILS

TRANSACTION

TRANSACTION
For Sale

INTERIOR

BEDROOMS
4
FULL BATHS
2
HALF BATHS
0
LIVING AREA (SQFT)
791
FEATURES
See Remarks
APPLIANCES
Electric Stove · Range Hood · Refrigerator · Washer/Dryer · Washer/Dryer Stacked
FLOORING
Ceramic Tile · Laminate · Vinyl
BASEMENT
Full
BASEMENT DEVELOPMENT
Finished

BUILDING

TYPE
Full Duplex
STYLE
Attached-Up/Down · Bi-Level
YEAR BUILT
1973
NEW CONSTRUCTION
No
CONSTRUCTION
Stucco
ROOF
Asphalt Shingle
FOUNDATION
Poured Concrete

PARKING

TOTAL PARKING
2
PARKING
Off Street · On Street · Stall

LOT & EXTERIOR

LOT SIZE (SQFT)
3,627
LOT SIZE (ACRES)
0.08
LOT
Back Lane · City Lot · Landscaped
EXTERIOR
Private Yard
PATIO & PORCH
None
FENCING
Fenced

COMMUNITY

COMMUNITY
Penbrooke Meadows
COMMUNITY FEATURES
Park · Playground · Pool · Schools Nearby · Shopping Nearby · Sidewalks · Street Lights
ZONING
R-C2
POSTAL CODE
T2A4L7

UTILITIES & COSTS

HEATING
Forced Air
COOLING
None
ANNUAL TAXES
$2,447

LISTING COURTESY OF JASVINDER GILL · SYNTERRA REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.