2619 16 Street SW Calgary

2619 16 Street SW, Calgary, Alberta

$1,449,000

  • 3,903 Square Feet

Investment opportunity. Up/down 4 plex, just one block from 26 Ave in Bankview in 16 street. This area is big enough to a brand new condo building units, with maximum floor area ratio of 2.5. Each unit is 820 sq.ft. Mix of 3 -2 beds and 1 - 1 bed. Had recently upgraded to newer kitchen cabinet and flooring, newer bath room vanity. Monthly rent is $7,080.00, gross $84,960, net operating income is $72,196.56 making cap rate 5%. Great cash flow and holding property for redevelopment. (id:59963)

  • Listing ID: A2249523
  • Property Type: Multi-family
  • Year Built: 1958

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Details

  • Amenities Nearby: Shopping
  • Community Features: Pets Allowed
  • Features: Other
  • Ownership: Freehold
  • Parking Spaces: 4
  • Plan: 3551S
  • Structure: None
  • Transaction: For sale
  • Zoning Description: M-C2

Building

  • Appliances: Washer, Refrigerator, Range - Electric, Dryer
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Constructed Date: 1958
  • Constructed Material: Wood frame
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Flooring: Laminate, Tile
  • Foundation: See Remarks
  • Size Interior: 3903 sqft
  • Stories Total: 2
  • Total Finished Area: 3902.55 sqft
  • Type: Multi-Family
  • Utility Power: Generator
  • Utility Water: See Remarks

Land

  • Amenities: Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 12.19 m
  • Size Irregular: 498.00
  • Size Total: 498 m2|4,051 - 7,250 sqft
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2619 16 Street SW in Calgary Ontario. It was last modified on August 18th, 2025. Contact Jobbagy Stephen & Associates Real Estate to schedule a viewing or to discover other Calgary real estate for sale.

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