2619 16 Street Sw, Calgary

$1,449,000

0 Beds
0 Baths
3,903 Sqft
.12 Acres
0 Garages

Investment opportunity. Up/down 4 plex, just one block from 26 Ave in Bankview in 16 street. This area is big enough to a brand new condo building units, with maximum floor area ratio of 2.5. Each unit is 820 sq.ft. Mix of 3 -2 beds and 1 - 1 bed. Had recently upgraded to newer kitchen cabinet and flooring, newer bath room vanity. Monthly rent is $7,080.00, gross $84,960, net operating income is $72,196.56 making cap rate 5%. Great cash flow and holding property for redevelopment.

Essential Information
MLS® #A2249523
Price$1,449,000
Bathrooms0.00
Square Footage3,903
Acres0.12
Year Built1958
TypeMulti-Family
Sub-Type4 plex
Style2 Storey, Up/Down
StatusActive
Community Information
Address2619 16 Street Sw
SubdivisionBankview
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2T 4G3
Amenities
AmenitiesNone
UtilitiesSee Remarks
Parking Spaces4
ParkingConcrete Driveway, Parking Pad
Interior
Interior FeaturesSeparate Entrance
CoolingNone
Has BasementYes
BasementFinished, Full
# of Stories2
Appliances

Dryer, Refrigerator, Washer, Built-In Electric Range

Exterior
Exterior FeaturesNone
RoofAsphalt
ConstructionBrick, Wood Frame
FoundationSee Remarks
Additional Information
ZoningM-C2
Listing Details
OfficeTREC The Real Estate Company
LISTING MAP

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