2619 16 Street SW
Calgary T2T 4G3
MLS® Number: A2249523
$ 1,449,000
0
BEDROOMS
0 + 0
BATHROOMS
3,903
SQUARE FEET
1958
YEAR BUILT
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.
| COMMUNITY | Bankview |
| PROPERTY TYPE | 4 plex |
| BUILDING TYPE | Four Plex |
| STYLE | 2 Storey, Up/Down |
| YEAR BUILT | 1958 |
| SQUARE FOOTAGE | 3,903 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | Finished, Full |
| AMENITIES | |
| APPLIANCES | Built-In Electric Range, Dryer, Refrigerator, Washer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Laminate, Tile |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | Concrete Driveway, Parking Pad |
| RESTRICTIONS | Rental |
| ROOF | Asphalt |
| TITLE | Fee Simple |
| BROKER | TREC The Real Estate Company |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|
