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.
For sale
C$1,449,000
2619 16th St SW, Calgary, AB T2T 4G3
--beds
--baths
3,903sqft
Quadruplex
Built in 1958
-- sqft lot
$-- Zestimate®
C$371/sqft
C$-- HOA
What's special
Newer kitchen cabinetNewer bathroom vanity
- 78 days |
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