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2619 16 ST SW Calgary, AB T2T 4G3
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Key Details
Sold Price $949,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,903 sqft
Price per Sqft $243
Subdivision Bankview
MLS® Listing ID A2070539
Sold Date 09/23/23
Style Bi-Level
Originating Board Calgary
Year Built 1958
Annual Tax Amount $4,984
Tax Year 2023
Lot Size 5,360 Sqft
Acres 0.12
Property Description
Amazing cash flow on this 4plex with $5,125 income per month and $47,685 net operating income per year making it a 5% Cap Rate! Absolute rare find in this hot rental market with a great location and even plans and a permit approved for redevelopment(20k worth!) whenever you decide. Great mix of 3 - 2 beds and 1 - 1 bed. Very easy to manage!
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C2
Rooms
Basement Finished
Interior
Heating See Remarks
Flooring Ceramic Tile, Hardwood
Appliance See Remarks
Exterior
Garage Stall
Garage Description Stall
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s)
Roof Type Tar/Gravel
Parking Type Stall
Total Parking Spaces 4
Building
Lot Description Back Lane, City Lot, Front Yard, Near Shopping Center, Landscaped, Square Shaped Lot, Near Public Transit, See Remarks, Sloped Up
Foundation Poured Concrete
Water Public
Architectural Style Bi-Level
Level or Stories Bi-Level
Structure Type Brick,See Remarks,Wood Frame
Others
Restrictions None Known
Tax ID 83132220
Ownership Private
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