403-921-7653 CIR Realty North West

2619 16 Street, Calgary

2 Storey 4 plex for Sale

2619 16 Street, Calgary, MLS® # A2249523
  • MLS®#: A2249523
  • Price: $1,449,000
  • Parking: 4
  • Status: Active
  • Year Built: 1958
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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.

Contact Corinne Watson About MLS® A2249523

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Corinne Watson , 403-921-7653 at CIR Realty North West, #168, 8060 Silver Springs Blvd. N.W., Calgary, Alberta, T3B 5K1

property information

  • Property Type: 4 plex
  • MLS®#: A2249523
  • Style: 2 Storey,Attached-Up/Down
  • Year Built: 1958
  • Total Floor Area: 3,903 sq.ft
  • Restrictions: Yes
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Community Information

  • Address: 2619 16 Street
  • Neighbourhood: Bankview
  • City: Calgary
  • Postal Code: T2T 4G3
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interior

  • Included: built-in electric range, dishwasher, washer, dryer, refrigerator
  • Fireplace Details: For Sale
  • Basement: Full, Full
  • Floor Finish: Laminate, Tile
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exterior

  • Exterior Finish: Brick, Wood Frame
  • Construction: Brick,Wood Frame
  • Roof: Asphalt
  • Frontage: 12.19M 40`0" metres
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services & amenities

  • Parking: Concrete Driveway, Parking Pad (4 Total Parking Spaces)
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$1,449,000

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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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