2302 16A Street SW Calgary, AB T2T 0N2
Listing Courtesy of: PILLAR 9 - IDX / Real Broker

  2302 16A Street SW Calgary, AB T2T 0N2

Pending (31 Days)
$1,078,000

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.

MLS®:
A2164279
Lot Size
3,272 SQFT
Type
Multifamily
Year Built
1912
Style
2 Storey

Listed By

Graham Kennelly, Real Broker
Source
PILLAR 9 - IDX
Last checked Oct 9 2024 at 6:43 AM GMT+0000
Bathroom Details
Subdivision
  • Bankview
Property Features
  • Fireplace: Total Fireplace(s) : 0
Parking
  • Off Street
  • Parking Space(s) : 2
Stories
  • 2
Living Area
  • 1,881 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.