909 16 ST NE new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2E 4S7
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1845.25
Square Footage 1,845 sqft
Price per Sqft $528
Subdivision Mayland Heights
MLS Listing ID A2262032
Style Attached-Side by Side
Year Built 1969
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Full Duplex
Property Description
This is a prime investor opportunity to acquire a fully renovated, fully leased-out duplex at 907/909 16 Street NE in the desirable inner-city community of Mayland Heights. This property delivers immediate, robust cash flow with $66,400 in confirmed annual rental income. All units are highly desirable to tenants, offering an configuration of 2 bedrooms and 1 bathroom, each with its own separate entrance, dedicated laundry facilities, and updated electrical panels. Crucially for low operating costs and capital planning, the property features high-efficiency furnaces and a roof that was replaced in 2021. The building sits on a substantial 60 ft x 120 ft lot with coveted R-CG zoning, allowing for future high-density redevelopment (like row houses or townhouses). Additional value is provided by an oversized double detached garage and recent upgrades, including new concrete sidewalks, all set against the backdrop of appealing Downtown Calgary views. This asset is genuinely turnkey, offering a powerful combination of current income and significant long-term appreciation potential. 3d Virtual Tours: https://youriguide.com/907_16_st_ne_calgary_ab & https://youriguide.com/909_16_st_ne_calgary_ab
Location
Province AB
County Cal Zone Ne
Area Cal Zone Ne
Zoning R-CG
Interior
Inclusions Electric Range (4), Hoodfans (4), Refrigerator (4), Washer (4), Dryer (4), Dishwasher (2)
Fireplace No
Exterior
Total Parking Spaces 8
Garage No
Building
Dwelling Type Duplex
Architectural Style Attached-Side by Side
Others
Restrictions Airspace Restriction
Virtual Tour 2 https://youriguide.com/909_16_st_ne_calgary_ab
Virtual Tour https://youriguide.com/907_16_st_ne_calgary_ab