High Quality, 1st Class, Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add'l renos 2006-2007, bright Suites, great Tenants, low maintenance Bldg, sprinklered, minimal management reqd, zero vacancy. Some posted photos taken shortly after renos. Inc $9,416/mo, $112,992/yr, rent well below market. Cap Rate 5.4%. Potentials: Inc $12,700/mo, $152,400/yr, Cap Rate 7.7%. Great Mt Pleasant location, close to shopping, restaurants, transit, parks, mins Main St & D/T. Great investment, also perfect for non profit housing societies. Call LS for more info, floor plan, info pkg. Showings avail w 2 day notice. Showing Mon Dec 16 noon gone by 1:00pm by appt only. Offers if any, Mon Dec 16 after 5 PM, Email to LS.
Address
749 E 16TH AVENUE
List Price
$1,749,000
Property Type
Multifamily
Type of Dwelling
Other
Style of Home
2 Storey
Area
Vancouver East
Sub-Area
Mount Pleasant VE
Bedrooms
2
Bathrooms
7
Floor Area
3,040 Sq. Ft.
Lot Size
3259 Sq. Ft.
Year Built
1925
MLS® Number
R2950512
Listing Brokerage
RE/MAX Real Estate Services
Basement Area
None
Postal Code
V5T 2V5
Zoning
RT-5
Tax Amount
$6,367.73
Tax Year
2024
Heat Type
Natural Gas, Radiant