Listing Provided Courtesy Of:
CAMERON REALTY GROUP INC.
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
AVG $800K
$800K
Visits
AVG 4
5
Year Built
AVG 1950
1950