Calgary, AB T2T4G3 2619 16 Street SW
$1,449,000



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Presented By: TREC The Real Estate Company
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. (id:7434)
Presented By: TREC The Real Estate Company
Interior Features for 2619 16 Street SW
Bedrooms
Bedrooms
Other Interior Features
Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Construction MaterialWood frame
Flooring TypeLaminate, Tile
Living Area Range3903
General for 2619 16 Street SW
AmenitiesShopping
Building AppliancesWasher, Refrigerator, Range - Electric, Dryer
Building Cooling TypeNone
Building TypeMulti-Family
Building.StoriesTotal2
Community FeaturesPets Allowed
CommunityNameBankview
FeaturesOther
Foundation TypeSee Remarks
Ownership TypeFreehold
Parking Space Total4
Property TypeMulti-family
Zoning DescriptionM-C2
Exterior for 2619 16 Street SW
Exterior FinishBrick
Land Amenities Shopping
SewerMunicipal sewage system
StructureNone
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty