2619 16 ST SW Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2T 4G3
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3902.55
Square Footage 3,902 sqft
Price per Sqft $371
Subdivision Bankview
MLS Listing ID A2249523
Style 2 Storey,Attached-Up/Down
HOA Y/N No
Year Built 1958
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type 4 plex
Property Description
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.
Location
Province AB
County 0046
Community Other,Shopping Nearby
Area Cal Zone Cc
Zoning M-C2
Rooms
Basement Finished,Full
Interior
Interior Features Separate Entrance
Cooling None
Flooring Laminate,Tile
Inclusions built-in electric range, dishwasher, washer, dryer, refrigerator
Fireplace No
Appliance Built-In Electric Range,Dryer,Refrigerator,Washer
Exterior
Exterior Feature None
Parking Features Concrete Driveway,Parking Pad
Community Features Other,Shopping Nearby
Utilities Available See Remarks
Amenities Available None
Water Access Desc See Remarks
Roof Type Asphalt
Porch None
Total Parking Spaces 4
Garage No
Building
Dwelling Type Four Plex
Story Two
Foundation See Remarks
Sewer Public Sewer
Water See Remarks
Architectural Style 2 Storey,Attached-Up/Down
Level or Stories Two
New Construction No
Others
Restrictions Rental
Pets Allowed Yes