$999,999
 
1880.73 Sq.Ft.
2302 16A Street SW, Bankview, Calgary, Alberta, T2T0N2
MLS® Number: A2122200

Multi-family House for Sale in A Street SW Bankview Calgary

Property Information

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:50315)

Property Summary
Property Type

Multi-family

Building Type

Storey

Community Name

Subdivision Name

Bankview

Title

 

Land Size
1880.73Sq.Ft.
Built in
1912
Annual Property Taxes
$5109
Parking Type
Street
Published
16 days
Building
Bedrooms
Total
Below Grade
 
Bathrooms
Total
Partial
Interior Features
Appliances Included

Flooring

Basement Features

Basement Type

Building Features
Features

Foundation Type

Architectural Style

Construction Material

Floor Space
1880.73Sq.Ft.
Total Finished Area
1880.73Sq.Ft.
Structures
Heating & Cooling
Cooling
Fireplace
Heating Type
Forced air
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Street
Total Parking Spaces
2
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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