Calgary, AB T2T4G3 2619 16 Street SW
$1,449,000
0 more
Presented By: TREC The Real Estate Company
SQFT • 3,902
Home Details
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.
Presented By: TREC The Real Estate Company
Interior Features for 2619 16 Street SW
Other Interior Features
BasementFinished, Full
EnsuiteNo
FlooringLaminate, Tile
Interior FeaturesSeparate Entrance
Main Level AreasSquareFeet
Total Stories2
General for 2619 16 Street SW
Architctural Style2 Storey, Attached-Up/Down
Association 2 YNNo
Association AmenitiesNone
Community FeaturesOther, Shopping Nearby
Construction MaterialsBrick, Wood Frame
CoolingNone
DistrictCAL Zone CC
ElectricGenerator
Parking Total4
Pets AllowedYes
Property Subtype4 plex
Property TypeMulti-Family
Public RemarksInvestment 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
RoofAsphalt
SewerPublic Sewer
Structure TypeFour Plex
Subdivision NameBankview
Transaction TypeFor Sale
UtilitiesSee Remarks
ZoningM-C2
Exterior for 2619 16 Street SW
Exterior FeaturesNone
Foundation See Remarks
Frontage Length12.19M 40`0
Garage Y/NNo
Inclusionsbuilt-in electric range, dishwasher, washer, dryer, refrigerator
Lot Size Acres0.12
Parking FeaturesConcrete Driveway, Parking Pad
Patio And Porch FeaturesNone
Water SourceSee Remarks
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty