AB > Calgary > Bankview
Calgary, AB T2T4G3,2619 16 Street SW
Calgary, AB T2T4G3,2619 16 Street SW
Calgary, AB T2T4G3,2619 16 Street SW
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Aaron MacRae

Aaron MacRae

+1(403) 852-2260
$1,449,000
Est. payment /mo
3,903 SqFt
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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

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Aaron MacRae

Aaron MacRae

Agent

+1(403) 852-2260

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2619 16 Street SW

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