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  • 2302 16A Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2122200

    2302 16A Street SW Bankview Calgary T2T 0N2
    Main Photo: 2302 16A Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2122200

    2302 16A Street SW Calgary T2T 0N2 Bankview

    $999,999
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2122200
    Floor Area:
    1,881 sq. ft.
    Attention Investors! With a lucrative 7.8% CAP Rate, seize this prime opportunity to benefit from an updated and fully rented 4-plex. Alternatively, generate rental income while awaiting permits for your development plans. Nestled in the highly desirable Bankview area adjacent to Buckmaster Park, this property offers easy access to Calgary's vibrant Beltline entertainment and arts district. Boasting a monthly Gross Income of $7,555.00, all tenants have been meticulously vetted within the past year and have signed leases where the utilities are paid by the tenants. The building comprises 5 units, with 4 compliant with city regulations, including a top-floor 2-bedroom unit, a 1-bedroom unit, and a bachelor unit on the main floor, as well as rear walk-out 1-bedroom units. Engineered for low maintenance, the property features a roof replacement approximately 8 years ago, all copper wiring, absence of poly-b plumbing, and furnace-forced air heating in all units. Comprehensive documentation such as RPR, sewer and electrical inspections, proforma, floor plan, and 3D tour are available for review. Elevate your investment portfolio today with this exceptional opportunity! More details
    Listed by Real Broker
    LISTING DETAILS

  • 614 1 Street Street NE: Sundre Full Duplex for sale : MLS®# A2126158

    614 1 Street Street NE Sundre Sundre T0M 1X0
    Main Photo: 614 1 Street Street NE: Sundre Full Duplex for sale : MLS®# A2126158

    614 1 Street Street NE Sundre T0M 1X0 Sundre

    $419,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2126158
    Floor Area:
    2,010 sq. ft.
    $2800 per month rental income plus Utilities paid by tenants. Great Rental Duplex, Side by Side, Two Units approximately 1000 sq ft each, very well maintained units comprising of two bedroom and one bathroom per unit, undeveloped basements with the potential to add further bedrooms and living space. Town would also support rezoning to a 4 plex. Centrally located in Sundre where rental properties are rare especially multi unit, this property is close to the police station and hospital and make great rentals for professionals moving to town. One unit is rented from Dec1st at $1500 plus utilities and has been professionally repainted with new flooring in the bedrooms, Sundre has a severe shortage of rental property and finding good tenants is easy in a small town. Other tenant currently pays $1300 plus all bills and this could easily be increased. Or buy this wealth builder, live in one side and rent the other !!!! Inside you will find bright open units with a large living and dining area, wood burning stove in one unit and fireplace in the other, patio doors out onto a small private deck. Each unit has two bedrooms and one 4 piece bathroom, Downstairs the basements are undeveloped but could easily be finished to add further bedrooms and a bathroom. They have fireplaces in the basement and large windows so would make comfortable additional living space. Outside is back lane access to a parking pad for each unit and a small easily maintained garden, fenced between the two units. These units face out onto Snake Hill Park and are easy walking distance to the hospital, schools and amenities. Sundre is a growing community with a ZERO Rental Vacancy Rate. The town is open to transforming the basements into suites but would need to follow all requirements and the property would need to be rezoned to R2. More details
    Listed by Real Broker
    LISTING DETAILS
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Data was last updated June 17, 2024 at 12:05 PM (UTC)
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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.