5407-5409 50 Avenue, Yellowknife
Sale Pending

5407-5409 50 Avenue

Yellowknife

$929,000

8+Den
4 Bathrooms
2,304 sqft

PRICED WELL BELOW APPRAISED VALUE!

Priced well below appraised value.
Duplex with Prime Revenue Potential: Residential Rental or B&B Opportunity 
Located in the vibrant heart of the downtown core, this duplex offers an incredible investment opportunity with multiple revenue streams. Whether you're looking to generate income through residential rentals or envision a lucrative Bed & Breakfast, this property delivers on both fronts. Just minutes away from shopping, schools, and restaurants, the location is ideal for attracting tenants or guests. 
Property Features:
• Dual Living Spaces: Both sides of the duplex feature fully finished basements with "partial" kitchens, separate bedrooms, and full bathrooms, offering the potential to split each unit further into separate rental units. 
• Right Side: The upper level boasts three spacious bedrooms, an updated kitchen with modern amenities, and an attached living room. Hardwood flooring throughout the main living area, with tile in the kitchen and bathroom, adds a touch of elegance. 
• Left Side: This unit includes three bedrooms, one of which has a private entrance, perfect for a den, office, or additional rental income. The updated kitchen with stainless steel appliances opens into a bright and airy living space, also featuring hardwood and tile flooring. 
• Separate Entrances: Each unit has its own side entrance, enhancing privacy and flexibility for further subdivision into rental spaces. 
• Family-Friendly Yards: The fully fenced yard is divided, providing secure and private outdoor spaces for each side of the duplex. 
• Double Car Garage: Located at the back of the property, the garage offers ample parking or could be used for storage, including equipment for a potential Aurora Tour business. 
Recent Updates: • Roof, Soffits, Fascia & Eaves: 2009 • Furnaces & HRVs: 2009 • Windows & Siding: 2003 • Exterior Doors: 2020 • Left Hot Water Tank: 2022 
This property not only provides a comfortable living space but also promises significant income potential through various rental and business possibilities. Don't miss out on this unique investment in a prime downtown location!

Virtual Tour Links:

https://youriguide.com/5407_franklin_ave_yellowknife_nt/

https://youriguide.com/5409_franklin_ave_yellowknife_nt/


Read More

Priced well below appraised value.

Duplex with Prime Revenue Potential: Residential Rental or B&B Opportunity 

Located in the vibrant heart of the downtown core, this duplex offers an incredible investment opportunity with multiple revenue streams. Whether you're looking to generate income through residential rentals or envision a lucrative Bed & Breakfast, this property delivers on both fronts. Just minutes away from shopping, schools, and restaurants, the location is ideal for attracting tenants or guests. 

Property Features:

• Dual Living Spaces: Both sides of the duplex feature fully finished basements with "partial" kitchens, separate bedrooms, and full bathrooms, offering the potential to split each unit further into separate rental units. 

• Right Side: The upper level boasts three spacious bedrooms, an updated kitchen with modern amenities, and an attached living room. Hardwood flooring throughout the main living area, with tile in the kitchen and bathroom, adds a touch of elegance. 

• Left Side: This unit includes three bedrooms, one of which has a private entrance, perfect for a den, office, or additional rental income. The updated kitchen with stainless steel appliances opens into a bright and airy living space, also featuring hardwood and tile flooring. 

• Separate Entrances: Each unit has its own side entrance, enhancing privacy and flexibility for further subdivision into rental spaces. 

• Family-Friendly Yards: The fully fenced yard is divided, providing secure and private outdoor spaces for each side of the duplex. 

• Double Car Garage: Located at the back of the property, the garage offers ample parking or could be used for storage, including equipment for a potential Aurora Tour business. 

Recent Updates: • Roof, Soffits, Fascia & Eaves: 2009 • Furnaces & HRVs: 2009 • Windows & Siding: 2003 • Exterior Doors: 2020 • Left Hot Water Tank: 2022 

This property not only provides a comfortable living space but also promises significant income potential through various rental and business possibilities. Don't miss out on this unique investment in a prime downtown location!


Virtual Tour Links:

https://youriguide.com/5407_franklin_ave_yellowknife_nt/

https://youriguide.com/5409_franklin_ave_yellowknife_nt/

More Details
  • MLS®: 5686
  • Bedrooms: 8
  • Bathrooms: 4
  • Type: Duplex
  • Square Feet: 2,304 sqft
  • Lot Size: 8,874 sqft
  • Taxes: $6,734 (2023)
  • Parking: Gravel Drive & Double Detached Garage
  • Basement: Finished
  • Year Built: 1967
  • Style: Duplex

Browse Photo Gallery

Contact Kim for more information or to schedule a viewing

Kim Knutson

Broker Owner

p: 867.444.3993













Address on Google Mapsmap marker icon
Map View
Street View

More About Yellowknife

Latitude: 62.45118420000001

Longitude: -114.3773197


Share Location

Similar Listings