Daryl Carlson - 403-259-4141
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Multi-family in Calgary
- 138
- 120
0 Bedrooms
0 Bathrooms- 3903 Sq Ft
Property Type
Multi-family
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. (id:6769
Property Details
Subarea
Bankview
Lot
498
Year Built
1958
Sewer
Municipal sewage system
Flooring
Laminate,Tile
Parking Type
4
Disclaimer:
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Listing data last updated date: 2025-09-11 01:45:07
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Listing Agent: Kerry K. Lau
Brokerage: TREC The Real Estate Company