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2619 16 Street Sw Calgary, Alberta T2T 4G3

$1,449,000

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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:37074)

Property Features

Cooling: None

Property Details

MLS® Number A2249523
Property Type Multi-family
Neigbourhood Bankview
Community Name Bankview
Amenities Near By Shopping
Community Features Pets Allowed
Features Other
Parking Space Total 4
Plan 3551s
Structure None

Parking

Concrete
Parking Pad

Building

Appliances Washer, Refrigerator, Range - Electric, Dryer
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1958
Construction Material Wood Frame
Cooling Type None
Exterior Finish Brick
Flooring Type Laminate, Tile
Foundation Type See Remarks
Stories Total 2
Size Interior 3,903 Ft2
Total Finished Area 3902.55 Sqft
Type Multi-family
Utility Power Generator
Utility Water See Remarks

Land

Acreage No
Land Amenities Shopping
Sewer Municipal Sewage System
Size Depth 15.3 M
Size Frontage 12.19 M
Size Irregular 498.00
Size Total 498 M2|4,051 - 7,250 Sqft
Size Total Text 498 M2|4,051 - 7,250 Sqft
Zoning Description M-c2

When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.

Airdrie Realtors

Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.

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