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    4. 2619 16 Street SW
    $1,449,000
    0 days on remax.ca
    N/A bed 0 bath
    Condo
    N/A bed 0 bath

    2619 16 STREET SW, CALGARY, AB T2T 4G3

    Courtesy of TREC The Real Estate Company
    MLS® #: A2249523
    Courtesy of TREC The Real Estate Company
    MLS® #: A2249523
    2619 16 Street SW

    Property Description for 2619 16 Street SW

    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.

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    Property Details

    • Property Tax

      : N/A

    • MLS® #

      : A2249523

    Home Features

    • Property Type

      : Condo

    • Subdivision

      : Bankview

    Interior Features

    • Flooring

      : Laminate, Tile

    Utilities

    • Sewer

      : Public Sewer

    Other

    • Parking Features

      : Concrete Driveway, Parking Pad

    • Exterior Features

      : None
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