Address
2302 16A Street SW Calgary, AB
Price
$ 799,000
Property Attributes
- ID#A1229652
- TypeMulti-Family
- CityCalgary
- AreaCAL Zone CC
- NeighbourhoodBankview
- Postal Codet2k 4k4
- StyleFour Plex
- Price$ 799,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1615
- Lot Size3,272 SqFt
Listing Provided Courtesy Of:
CAMERON REALTY GROUP INC.
Data Source:
Pillar 9 Technologies
Property Description
INVESTOR ALERT 8% CAP!!! This is an excellent opportunity to capitalize on an updated and fully rented 4-plex or collect rent as you wait for the permits for your development. The building boasts 5 fully occupied units and is in a highly desirable location on Buckmaster Park just minutes from downtown 17 Ave. The monthly income is $5,250 and the cap rate is just under 8%!!! The building configuration consists of 5 units (4 legal): a top floor 2-bedroom unit, a 1 bedroom and bachelor unit on the main floor, a walk-out 1 bedroom unit, a bonus walk-out unit in the basement, a common area, and a laundry room. The building and grounds are designed to be low maintenance and 3 units are individually metered. Unit 1, and 1A share a meter. The large balconies overlook the park and downtown, there is a newer roof of 6 years, and your tenants have a fully terraced backyard. Add this to your investment portfolio today!
| Price History | |
|---|---|
| 6/17/2022 | Listed $799,000 |
General Features
| Construction Materials | Wood Frame |
|---|---|
| District | CAL Zone CC |
| Heating | Forced Air, Natural Gas |
| Property SubType | 4 plex |
| Property Type | Multi-Family |
| Roof | Asphalt Shingle |
| Structure Type | Four Plex |
| Subdivision Name | Bankview |
| Transaction Type | For Sale |
| Zoning | M-CG d72 |
Interior Features
| Below Grade Finished Area | 1135.00 |
|---|---|
| Building Area Total Metres | 0.00 |
| Building Area Total Sf | 0.00 |
| Main Level Areas | SquareFeet |
| Main Level Finished Area | 980.00 |
| Main Level Finished Area Metres | 91.04 |
| Main Level Finished Area Sf | 980.00 |
| Main Level Finished Area Srch Sq | 980.00 |
Exterior Features
| Building Area Total | 0.00 |
|---|---|
| Foundation | Poured Concrete |
| Inclusions | n/a |
| Lot Size Acres | 0.08 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in t2k 4k4
Price
Visits
Year Built
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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. Used under license.