2619 16 Street Sw, Calgary, Alberta T2T 4G3

MLS® # A2249523

$1,449,000

3903 SF

Property Size 3903 SqFt
Year Built 1958
Garages 4

Key Details

STATUS
For sale
TYPE
Multi-Family
BUILT IN
1958
PARKING SPACES
4

Amenities

Shopping

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:54406)

PROPERTY FEATURES

  • MLS® Number A2249523
  • Price $1,449,000
  • Square Footage: 3903 sqft
  • Property Type: Multi-Family
  • Community Name: Bankview
  • Amenities Near By Shopping
  • Community Features Pets Allowed
  • Features Other
  • Parking Space Total 4
  • Plan 3551s
  • Structure None

Buildings

Appliances Washer, Refrigerator, Range - Electric, Dryer Basement Development Finished
Basement Type Full (finished) Constructed Date 1958
Construction Material Wood Frame Cooling Type None
Exterior Finish Brick Flooring Type Laminate, Tile
Foundation Type See Remarks Stories Total 2
Size Interior 3903 Sqft Total Finished Area 3902.55 Sqft
Type Multi-family Utility Power Generator
Utility Water See Remarks

Parking

Concrete
Parking Pad

Land

Acreage No Land Amenities Shopping
Sewer Municipal Sewage System Size Depth 15.3 M
Size Frontage 12.19 M Size Irregular 498.00
Size Total 498 M2|4,051 - 7,250 Sqft Size Total Text 498 M2|4,051 - 7,250 Sqft
Zoning Description M-c2

BROKERAGE

  • Office: Trec The Real Estate Company
Address

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