2302 16 A Street Sw, Calgary
- Bedrooms: 5
- Bathrooms: 5
- Living area: 1880.73 square feet
- Type: Townhouse
- Added: 11 days ago
- Updated: 10 days ago
- Last Checked: 3 hours ago
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. (id:1945)
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Property Details
- Stories: 2
- Year Built: 1912
- Structure Type: Multi-Family
Interior Features
- Living Area: 1880.73
- Above Grade Finished Area: 1880.73
- Above Grade Finished Area Units: square feet
Exterior & Lot Features
- Lot Size Units: square meters
- Parking Total: 2
- Parking Features: Other
- Lot Size Dimensions: 304.00
Location & Community
- Common Interest: Freehold
- Street Dir Suffix: Southwest
- Subdivision Name: Bankview
Tax & Legal Information
- Tax Lot: 11,12
- Tax Year: 2024
- Tax Block: 5
- Parcel Number: 0012892477
- Tax Annual Amount: 4572
- Zoning Description: M-CG d72
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