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$ 3,538,000
Est. payment /mo
Active
220 E 15th AVE #1 Vancouver, BC V5T 2P9
3,920 Sqft Lot
UPDATED:
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
