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$ 3,538,000
Est. payment | /mo
3,920 Sqft Lot
$ 3,538,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8066852
Year Built 1920
Lot Size 3,920 Sqft
Property Sub-Type Multi Family
Property Description
Wow! Solid income producing investment property available on E.15th Avenue near Main Street. Within the Broadway Plan - "Mount Pleasant South Apartment Area B", and Mount Pleasant Station Transit Oriented Development Area (TOA), excellent future development potential when combined with neighbouring properties. Entire Property (+95%) re-built between 2009 & 2010, total of 6 X 1 Bedroom + Den self contained units. Annual Gross income of approx. $135,345 and 3.31% return. The current under-market rents present a great potential for rental upside on the overall income revenue. Great income holding investment with future redevelopment potentials.
Location
Province BC
Community Mount Pleasant Ve
Area Vancouver East
Zoning RM-4
Interior
Heating Baseboard
Exterior
Roof Type Asphalt
Total Parking Spaces 2
Building
Story 3
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
danjreilly@vancouverrealtyhub.com
7404 King George Blvd, Surrey, British Columbia, V3W 1N6, CAN