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Data was last updated 2025-08-26 at 13:00:06 GMT
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.
Listing Information
- Prop. Type:
- 4 plex
- Property Style:
- 2 Storey
- Status:
- Active
- City:
- Calgary
- Neighbourhood:
- Bankview
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2249523
- Listing Price:
- $1,449,000
General Information
- Year Built:
- 1958
- Total Square Feet:
- 3903ft2
Additional Information
- Basement Dev:
- Finished, Full
- Parking:
- Concrete Driveway, Parking Pad
Other Information
- Site Influences:
- None
VIP-Only Information
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This property is listed by Trec The Real Estate Company and provided here courtesy of
Carmen Paradis.
For more information or to schedule a viewing please contact Carmen Paradis.
Carmen Paradis
RE/MAX real estate central
Phone: 4037038516
Mobile Phone: 4037038516
Inquire Via Email
RE/MAX real estate central
Phone: 4037038516
Mobile Phone: 4037038516
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
