**Investors/First time home buyer alert** ** Cash flow positive property** Welcome to this beautiful semi-detached home located in the desirable Falconridge neighborhood of NE Calgary. Semi detached bungalow features a large lot with a rear alley access and fenced backyard. This prime location offers the convenience of being within walking distance to Terry Fox High School, Grant MacEwan Elementary School, Bishop McNally High School, and Falshire Park. Additionally, it's just a 5-minute drive to the McKnight LRT station, making commuting a breeze. This renovated 4-bedroom, 2-bathroom home is perfect for first-time home buyers or investors. The east-facing orientation and large windows fill the home with natural light. The main floor features a spacious living area, dining room, and a separate kitchen for added privacy. There are also two good size bedrooms and a common bathroom on this level. The fully finished basement includes a separate illegal suite with a kitchen, a large living area, two spacious bedrooms, and a bathroom. Common laundry facilities are located downstairs, with additional laundry rough-in available in the closet on the main floor for an option of separate laundry. Recent updates include a water tank replaced in 2019, a roof replaced in 2010, windows replaced in 2012 and new hardwood flooring on the main floor. This home is a fantastic opportunity for first-time home buyers and investors looking for positive cash flow. Don’t miss out!