- $1.4M Price
- 3,903 Sqft
- .12 Acres
- 91 DOM
2619 16 Street Southwest
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.
Essential Information
- MLS® #A2249523
- Price$1,449,000
- Bathrooms0.00
- Square Footage3,903
- Lot SQFT5,360
- Year Built1958
- TypeMulti-Family
- Sub-Type4 plex
- Style2 Storey, Up/Down
- StatusActive
Community Information
Amenities
- AmenitiesNone
- UtilitiesSee Remarks
- Parking Spaces4
- ParkingConcrete Driveway, Parking Pad
Interior
- Goods IncludedSeparate Entrance
- CoolingNone
- Has BasementYes
- # of Stories2
- Basement DevelopmentFinished, Full
- Basement TypeFinished, Full
- FlooringLaminate, Tile
Appliances
Dryer, Refrigerator, Washer, Built-In Electric Range
Exterior
- Exterior FeaturesNone
- RoofAsphalt
- ConstructionBrick, Wood Frame
- FoundationSee Remarks
- Frontage Metres12.19M 40`0"
Additional Information
- ZoningM-C2
Listing Details
- OfficeTREC The Real Estate Company
TREC The Real Estate Company.
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Listing information last updated on November 17th, 2025 at 6:30am MST.
