AB > Calgary > Bankview
Calgary, AB T2T 4G3,2619 16 ST SW
Calgary, AB T2T 4G3,2619 16 ST SW
Calgary, AB T2T 4G3,2619 16 ST SW
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$1,449,000
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3,902 SqFt
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2619 16 ST SW Calgary, AB T2T 4G3

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Conner Batke

Conner Batke

+1(587) 439-4745

UPDATED:

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

Year Built 1958

Lot Size 5,227 Sqft

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

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

Exterior

Exterior Feature None

Parking Features Concrete Driveway, Parking Pad

Community Features Other, Shopping Nearby

Utilities Available See Remarks

Water Access Desc See Remarks

Roof Type Asphalt

Building

Dwelling Type Four Plex

Story 2

Foundation See Remarks

Sewer Public Sewer

Water See Remarks

New Construction No

Others

Pets Allowed Yes

Listed by TREC The Real Estate Company

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agent

Conner Batke

+1(587) 439-4745

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2619 16 ST SW