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    Description

    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:58070)

    Property Features

    • MLS® Number A2249523
    • Price $1,449,000
    • Square Footage: 3903 sqft
    • Property Type: Multi-Family
    • Community Name: Bankview
    • Amenities Near By Shopping
    • Community Features Pets Allowed
    • Features Other
    • Parking Space Total 4
    • Plan 3551s
    • Structure None

    Buildings

    Appliances Washer, Refrigerator, Range - Electric, Dryer Basement Development Finished
    Basement Type Full (finished) Constructed Date 1958
    Construction Material Wood Frame Cooling Type None
    Exterior Finish Brick Flooring Type Laminate, Tile
    Foundation Type See Remarks Stories Total 2
    Size Interior 3903 Sqft Total Finished Area 3902.55 Sqft
    Type Multi-family Utility Power Generator
    Utility Water See Remarks

    Parking

    Concrete
    Parking Pad

    Land

    Acreage No Land Amenities Shopping
    Sewer Municipal Sewage System Size Depth 15.3 M
    Size Frontage 12.19 M Size Irregular 498.00
    Size Total 498 M2|4,051 - 7,250 Sqft Size Total Text 498 M2|4,051 - 7,250 Sqft
    Zoning Description M-c2
    Address
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