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AB
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Greater Calgary
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Division No. 6
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Calgary
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Bankview
2619 16 Street SW
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2619 16 Street SW $1,449,000
$1,449,000
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2619 16 Street SW
Calgary, Alberta T2T4G3

MLS® Number: A2249523

Listing 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. (30995548)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
2
Community Name
Bankview
Subdivision Name
Bankview
Title
Freehold
Land Size
498 m2|4,051 - 7,250 sqft
Built in
1958
Annual Property Taxes
$6,303
Parking Type
Concrete, Parking Pad
Time on REALTOR.ca
118 days

Building

Interior Features
Appliances Included
Washer, Refrigerator, Range - Electric, Dryer
Flooring
Laminate, Tile
Basement Type
Full (Finished)
Building Features
Features
Other
Foundation Type
See Remarks
Construction Material
Wood frame
Structures
None
Heating & Cooling
Cooling
None
Utilities
Utility-Hydro
Generator
Utility Sewer
Municipal sewage system
Water
See Remarks
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Pets Allowed
Amenities Nearby
Shopping
Parking
Parking Type
Concrete, Parking Pad
Total Parking Spaces
4

Measurements

Square Footage
3903 sqft
Total Finished Area
3903 sqft

Land

Lot Features
Frontage
12.19 m
Land Depth
15.3 m
Other Property Information
Zoning Description
M-C2
Data provided by: Pillar 9™
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778-686-2438
REALTOR® Website
Email
TREC The Real Estate Company
#512 22 Midlake Blvd. SE
CALGARY, Alberta T2X2X7
403-270-4060

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