Vancouver, BC V5T 2P9,220 E 15th AVE #1
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$ 3,538,000
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220 E 15th AVE #1 Vancouver, BC V5T 2P9

3,920 Sqft Lot


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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


REBGV/FVREB/Chilliwack/BC Northern (Commercial VOW)
agent

Darell Pinazo

Agent

+1(778) 859-8058

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220 E 15th AVE #1

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