Closing tomorrow—submit best offer | High-income Bankview 4plex

2316 16 Street Southwest, Calgary, AB
$950,000
For Sale
  • 2316 16 Street Southwest, Calgary, AB
  • 950,000

Description

Update: We've received a very strong offer and will sign the purchase contract at 11:00 AM tomorrow (Thu Sep 18). If you're interested, please view or submit your best offer before 10:00 AM. Call or text—I don't check Qdb.ca frequently.

Own a full 4plex for the price of a house or half duplex. Centrally located in Bankview, steps from downtown, transit, and vibrant 17th Avenue, it overlooks the scenic Bankview Community Garden and is surrounded by 3 parks within a block and abundant green space. Each unit has an open-concept layout with stainless steel appliances. Kitchens boast rich cabinetry, granite countertops, and laminate flooring. Large windows provide abundant light. Basements have walk-out access. 6 parking spots (2 at the front, 4 in the back).

The four 1-bedroom units produced $60,600 gross / $38,700 net passive rental income in 2024, with potential for $71,800 / $54,800. No vacancy or insurance claim history. $308,500 renovation completed in 2016. City-assessed at $1,180,000.

Please call or text to book a viewing, as I don't check Qdb.ca frequently.

MLS® #A2244497

Show More

Details

  • For Sale By: Owner

Location

Similar Properties