2619 16 Street Southwest
Offered at: $1,449,000
MLS®: A2249523
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)
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Key Home Data
0
BATH(S)
BED(S)
3903
SQFT
YES
SHOWING AVAILABLE
Property Type:
Multi-family Home Ownership:
Freehold
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