3,903 ft2
None
$1,449,000
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:60626)
Property Details
|
MLS® Number
|
A2249523 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
South Calgary |
|
Community Name
|
Bankview |
|
Amenities Near By
|
Shopping |
|
Community Features
|
Pets Allowed |
|
Features
|
Other |
|
Parking Space Total
|
4 |
|
Plan
|
3551s |
|
Structure
|
None |
Building
|
Appliances
|
Washer, Refrigerator, Range - Electric, Dryer |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1958 |
|
Construction Material
|
Wood Frame |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Flooring Type
|
Laminate, Tile |
|
Foundation Type
|
See Remarks |
|
Stories Total
|
2 |
|
Size Interior
|
3,903 Ft2 |
|
Total Finished Area
|
3902.55 Sqft |
|
Type
|
Multi-family |
|
Utility Power
|
Generator |
|
Utility Water
|
See Remarks |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
15.3 M |
|
Size Frontage
|
12.19 M |
|
Size Irregular
|
498.00 |
|
Size Total
|
498 M2|4,051 - 7,250 Sqft |
|
Size Total Text
|
498 M2|4,051 - 7,250 Sqft |
|
Zoning Description
|
M-c2 |