Active

BANKVIEW

1625 23 Avenue Sw, Calgary, AB

$799,800

Residential · MLS® A2300914
6Bedrooms
3Bathrooms
1,685Sq Ft
3Garage
1912Year Built
02 / Overview

PROPERTY OVERVIEW

ATTENTION BUILDERS / INVESTORS. MCG ZONED CORNER LOT THAT WILL ALLOW A 4 or 5 PLEX TO BE BUILT with amazing views of the Calgary downtown and across the street from a green space! Hold and rent the three legal separate rental units while you decide what to do long term with this amazing lot and the potential it holds* MAKE YOUR FIRST VISIT INSIDE THROUGH THE 3D TOUR* This property, sitting on a lot size of 4,693 SqFt, consists...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,685 sq ft
Lot Size4,693 sq ft
ZoningM-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingParking Pad
ExteriorNone
BasementFull
Year Built1912
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$438After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.3%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BANKVIEW

Moderate Investment
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Investment Score69/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Brady Layton · RE/MAX Landan Real Estate