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2302 16A Street SW
Bankview Calgary T2T 0N2

$1,078,000
Multi-Family 1,881 sq. ft. built: 1912

Main Photo: 2302 16A Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2164279
Photo 1: 2302 16A Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2164279
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2164279
Year Built:
1912
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.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
2 Storey
Total Living Area:
1,880.73 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,272 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Levels:
Two
Year built:
1912 (Age: 112)
Bathrooms:
- (Full:-, Half:-)
Plan:
167U
Structure Type:
Four Plex
Ensuite:
No
Garage:
0
Parking:
Off Street
Parking Places:
2.0
Parking Total/Covered:
2 / -
Bankview (Calgary)
N/A
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
Sep 08, 2024
Days on Mkt:
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Virtual Tour

Listed by Real Broker
Data was last updated October 13, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,298,000
Min list price:
$875,000
Max list price:
$3,200,000
Avg days on market:
35
Min days on market:
3
Max days on market:
161
Avg price per sq.ft.:
$582.34
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.

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