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$ 1,449,000
Est. payment /mo
New
2619 16 Street SW Calgary, AB T2T4G3
3,903 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,903 sqft
Price per Sqft $371
Subdivision Bankview
MLS® Listing ID A2249523
Year Built 1958
Lot Size 5,360 Sqft
Acres 0.12305848
Property Sub-Type Freehold
Source Calgary Real Estate Board
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. (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Interior
Cooling None
Flooring Laminate, Tile
Exterior
Parking Features No
Community Features Pets Allowed
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by TREC The Real Estate Company