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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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.