2311 16 ST SW Calgary, AB T2T 4E6
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1855.44
Square Footage 1,855 sqft
Price per Sqft $714
Subdivision Bankview
MLS Listing ID A2251364
Style Attached-Side by Side,Bungalow
Year Built 1956
Lot Size 4,791 Sqft
Property Sub-Type 4 plex
Property Description
Seize the opportunity to own a fully tenanted multifamily
fourplex in one of Calgary's most desirable
inner-city communities. This well-maintained property
consists of two self-contained units, both fully leased,
generating a combined rental income of $7,450 per
month. Offering reliable cash flow from day one, this
turnkey investment combines immediate returns with
excellent long-term appreciation potential.
Located in the vibrant Bankview neighbourhood,
just minutes from downtown Calgary, the property
provides exceptional convenience for tenants. Its
prime inner-city location ensures quick commutes,
excellent transit access, and close proximity to
some of the city's most popular lifestyle hubs,
including Kensington, 17th Avenue SW, and Marda
Loop. Bankview is known for its elevated city views,
character-filled streets, and walkable community
feel, making it a highly sought-after area for renters.
The location offers quick access to major commuter
routes, public transit, and a wealth of shopping,
dining, and recreational amenities.
Location
Province AB
County 0046
Community Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(S)
Zoning M-CG d72
Rooms
Basement Full
Interior
Interior Features Central Vacuum, Kitchen Island, Storage
Heating High Efficiency, Natural Gas
Cooling None
Flooring Laminate
Exterior
Parking Features Parking Pad, Stall
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)
Roof Type Shingle
Building
Lot Description Back Yard, Low Maintenance Landscape, Street Lighting
Dwelling Type Four Plex
Foundation Poured Concrete
New Construction No
Others
Virtual Tour https://www.youtube.com/watch?v=z8fsLBg-yuw