$1,449,000.00 0 Sq.ft

2619 16 Street SW, Calgary. T2T 4G3

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.

Listing Information

Prop. Type:Multi-Family
Status:Active
MLS #:A2249523
City:Calgary
Neighbourhood:Bankview
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.12 Acre
Listing Price:$1,449,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:4 plex
Transaction Type:For Sale
Land Use Code:M-C2
Listing Contract Date:2025-08-18

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "TREC The Real Estate Company" listing brokerage.

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