2302 16a Street Sw, Calgary, Alberta T2T 0N2 (26824577)
2302 16a Street Sw Calgary, Alberta T2T 0N2
$999,999
Attention Investors! With a lucrative 7.8% CAP Rate, seize this prime opportunity to benefit from an updated and fully rented 4-plex. Alternatively, generate rental income while awaiting permits for your development plans. Nestled in the highly desirable Bankview area adjacent to Buckmaster Park, this property offers easy access to Calgary's vibrant Beltline entertainment and arts district. Boasting a monthly Gross Income of $7,555.00, all tenants have been meticulously vetted within the past year and have signed leases where the utilities are paid by the tenants. The building comprises 5 units, with 4 compliant with city regulations, including a top-floor 2-bedroom unit, a 1-bedroom unit, and a bachelor unit on the main floor, as well as rear walk-out 1-bedroom units. Engineered for low maintenance, the property features a roof replacement approximately 8 years ago, all copper wiring, absence of poly-b plumbing, and furnace-forced air heating in all units. Comprehensive documentation such as RPR, sewer and electrical inspections, proforma, floor plan, and 3D tour are available for review. Elevate your investment portfolio today with this exceptional opportunity! (id:36938)
Property Details
| MLS® Number | A2122200 |
| Property Type | Multi-family |
| Community Name | Bankview |
| Parking Space Total | 2 |
| Plan | 167u |
Building
| Constructed Date | 1912 |
| Heating Type | Forced Air |
| Size Interior | 1880.73 Sqft |
| Total Finished Area | 1880.73 Sqft |
| Type | Multi-family |
Parking
| Street |
Land
| Acreage | No |
| Size Irregular | 304.00 |
| Size Total | 304 M2|0-4,050 Sqft |
| Size Total Text | 304 M2|0-4,050 Sqft |
| Zoning Description | M-cg D72 |
https://www.realtor.ca/real-estate/26824577/2302-16a-street-sw-calgary-bankview
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 13 2024 09:35:09
Calgary Real Estate Board
Real Broker