5
2619 16 Street SW
$1,449,000 Sale
Listed 3 hours ago
· 0
· 0
· 4
· 3902.55
Key Facts
Key facts for 2619 16 Street SW
Property Type
Other, 2 Storey,Attached-Up/Down
Parking
Concrete Driveway,Parking Pad , Concrete Driveway,Parking Pad 4 parking
MLS #
A2249523
Size
3902.55 sqft
Basement
Finished,Full
Listed on
-
Lot size
-
Days on Market
-
Year Built
1958
Maintenance Fee
-
Description
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.
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Courtesy of: TREC The Real Estate Company
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