2302 16a Street, Calgary
4 plex for Sale
- MLS®#: A2122200
- Price: $999,999
- Parking: 2
- Status: Active
- Year Built: 1912
Attention Investors! With a lucrative 7.8% CAP Rate, seize this prime opportunity to benefit from an updated and fully rented 4-plex. Alternatively, generate rental income while awaiting permits for your development plans. Nestled in the highly desirable Bankview area adjacent to Buckmaster Park, this property offers easy access to Calgary's vibrant Beltline entertainment and arts district. Boasting a monthly Gross Income of $7,555.00, all tenants have been meticulously vetted within the past year and have signed leases where the utilities are paid by the tenants. The building comprises 5 units, with 4 compliant with city regulations, including a top-floor 2-bedroom unit, a 1-bedroom unit, and a bachelor unit on the main floor, as well as rear walk-out 1-bedroom units. Engineered for low maintenance, the property features a roof replacement approximately 8 years ago, all copper wiring, absence of poly-b plumbing, and furnace-forced air heating in all units. Comprehensive documentation such as RPR, sewer and electrical inspections, proforma, floor plan, and 3D tour are available for review. Elevate your investment portfolio today with this exceptional opportunity!
Contact Laura Ipsum About MLS® A2122200
Laura Ipsum, 7804256270 at Redman Office Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3
property information
- Property Type: 4 plex
- MLS®#: A2122200
- Year Built: 1912
- Total Floor Area: 1,881 sq.ft
Community Information
- Address: 2302 16A Street
- Neighbourhood: Bankview
- City: Calgary
- Postal Code: T2T 0N2
interior
- Included: 5 Stoves, 5 Refrigerators, 2 Dishwashers, 1 Hood Fan, 1 Washer, 1 Dryer
- Fireplace Details: For Sale
services & amenities
- Parking: On Street (2 Total Parking Spaces)
- Heating: Forced Air
- Heating: Forced Air
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