2302 16A ST SW Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2T0N2
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 1,880 sqft
Price per Sqft $573
Subdivision Bankview
MLS Listing ID A2164279
Style 2 Storey
Originating Board Calgary
Year Built 1912
Annual Tax Amount $4,572
Tax Year 2024
Lot Size 3,272 Sqft
Acres 0.08
Property Description
Attention Investors! Recent SIX FIGURE RENOVATION: rebuilt decks, new railing, fencing, full exterior paint job, fresh landscaping, and a brand-new hot water tank. These improvements, combined with a roof replacement approximately 8 years ago, all copper wiring, and furnace-forced air heating, make this building a low-maintenance and reliable investment. The building comprises 5 units, with 4 fully compliant with city regulations, including: A top-floor 2-bedroom unit, A 1-bedroom unit and bachelor unit on the main floor, Two rear walk-out 1-bedroom units. Monthly Gross Income of $7,555.00. Located adjacent to Buckmaster Park and within walking distance of Calgary's vibrant Beltline entertainment and arts district. All tenants have been carefully vetted in the past year, with signed leases where utilities are paid by the tenants—ensuring a steady and hassle-free cash flow. This property offers flexibility—generate rental income now while exploring potential development opportunities. Fully rented and meticulously maintained 4-plex in the highly desirable Bankview area offers an exceptional opportunity to expand your real estate portfolio. Documentation Available: Compliant RPR, electrical inspections, proforma, floor plan, and 3D tour, is ready for review.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-CG d72
Exterior
Garage Off Street
Garage Description Off Street
Parking Type Off Street
Total Parking Spaces 2
Building
Architectural Style 2 Storey
Level or Stories Two
Others
Restrictions None Known
Ownership Private