2302 16a Street Sw, Calgary, Alberta
$999,999
1,881
SqFT
1912
Year Built
About MLS® A2122200
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!
Love where you Liv! Request a showing of 2302 16a Street Sw. This Multi-Family home is listed at $999,999, with 1,881 square feet of space and was built in 1912.
Features of 2302 16a Street Sw, Calgary
MLS® # | A2122200 |
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Price | $999,999 |
Bathrooms | 0.00 |
Square Footage | 1,881 |
Acres | 0.08 |
Year Built | 1912 |
Type | Multi-Family |
Sub-Type | 4 plex |
Status | Active |
Community Information
Address | 2302 16a Street Sw |
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Community | Bankview |
City | Calgary |
County | Calgary |
Province | Alberta |
Postal Code | T2T 0N2 |
Amenities of 2302 16a Street Sw, Calgary
Parking Spaces | 2 |
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Parking | On Street |
Is Waterfront | No |
Has Pool | No |
Interior of MLS® A2122200
Heating | Forced Air |
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Fireplace | No |
Has Basement | No |
Additional Information of 2302 16a Street Sw, Calgary
Date Listed | April 30th, 2024 |
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Days on Market | 20 |
Zoning | M-CG d72 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Real Broker |
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