Property Details
2619 16 Street SW
Calgary (A2249523)
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.
Property details
- MLS® #
- A2249523
- Property Type:
- Multi-Family
- Subtype:
- 4 plex
- Subdivision:
- Bankview
- Price
- $1,449,000
- Sale/Lease:
- For Sale
- Size:
- 3,903 sq.ft.
- Year Built:
- 1958 (67 years old)
- Structure Type:
- Four Plex
- Building Style:
- 2 Storey, Attached-Up/Down
- Garage:
- No
- Parking:
- Concrete Driveway, Parking Pad
- Fence:
- Basement:
- Finished, Full
- Features:
- Separate Entrance
- Inclusions:
- built-in electric range, dishwasher, washer, dryer, refrigerator
- Appliances:
- Built-In Electric Range, Dryer, Refrigerator, Washer
- Exterior Features:
- None
- Patio/Porch Features:
- None
- Nearby Amenities:
- Other, Shopping Nearby
- Condo Amenities:
- None
- Pets Allowed:
- Yes
- Lot Size:
- 0.12 acres
- Water:
- See Remarks
- Sewer:
- Public Sewer
- Utilities:
- See Remarks
- Zoning:
- M-C2
- Roof:
- Asphalt
- Exterior:
- Brick,Wood Frame
- Floors:
- Laminate, Tile
- Foundation:
- See Remarks
- Cooling:
- None
- Amenities:
- Other, Shopping Nearby
- Possession:
- 30 Days / Neg
Basic Info
Building Info
Neighborhood Info
Condo/Association Info
Lot / Land Info
Materials & Systems
Listing Info
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.