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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:25325)
| MLS® Number | A2249523 |
| Property Type | Multi-family |
| Community Name | Bankview |
| Amenities Near By | Shopping |
| Community Features | Pets Allowed |
| Features | Other |
| Parking Space Total | 4 |
| Plan | 3551s |
| Structure | None |
| 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 |
| Concrete | |
| Parking Pad |
| 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 |
https://www.realtor.ca/real-estate/28746025/2619-16-street-sw-calgary-bankview
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