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. (id:41440)
MLS®:
C8066852
Lot Size
3,958 SQFT
Type
Multifamily
Year Built
1920
County
Metro Vancouver
Listed By
Fred Choy, Re/Max Real Estate Services
Source CREA Last checked Feb 23 2025 at 7:28 PM EST
Disclaimer: The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 2/23/25 11:28
Description