Calgary, AB T2T0N2,2302 16A ST SW
Calgary, AB T2T0N2,2302 16A ST SW
Calgary, AB T2T0N2,2302 16A ST SW
Calgary, AB T2T0N2,2302 16A ST SW
Calgary, AB T2T0N2,2302 16A ST SW
Calgary, AB T2T0N2,2302 16A ST SW
See all 50 photos

$988,000

$1,078,000

8.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,880 SqFt


SOLD DATE : 10/18/2024

Key Details

Sold Price $988,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,880 sqft

Price per Sqft $525

Subdivision Bankview

MLS® Listing ID A2164279

Sold Date 10/18/24

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Real Broker

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

REVIEWS & TESTIMONIALS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter

Free Account Required