2619 16 Street, Calgary
2 Storey 4 plex for Sale
- MLS®#: A2249523
- Price: $1,449,000
- Parking: 4
- Status: Active
- Year Built: 1958
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.
Contact Sam Olschewski About MLS® A2249523
Required Field
Sam Olschewski, 403-278-2900 at RE/MAX FIRST, 115, 8820 BLACKFOOT TRAIL S.E., Calgary, Alberta, T2J3J1
property information
- Property Type: 4 plex
- MLS®#: A2249523
- Style: 2 Storey,Attached-Up/Down
- Year Built: 1958
- Total Floor Area: 3,903 sq.ft
- Restrictions: Yes
Community Information
- Address: 2619 16 Street
- Neighbourhood: Bankview
- City: Calgary
- Postal Code: T2T 4G3
interior
- Included: built-in electric range, dishwasher, washer, dryer, refrigerator
- Fireplace Details: For Sale
- Basement: Full, Full
- Floor Finish: Laminate, Tile
exterior
- Exterior Finish: Brick, Wood Frame
- Construction: Brick,Wood Frame
- Roof: Asphalt
- Frontage: 12.19M 40`0" metres
services & amenities
- Parking: Concrete Driveway, Parking Pad (4 Total Parking Spaces)
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Listing Courtesy of
TREC The Real Estate Company
TREC The Real Estate Company
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.