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:58426)
MLS® Number | C8066852 |
Property Type | Multi-family |
Neigbourhood | Renfrew-Collingwood |
ConstructedDate | 1920 |
SizeInterior | 4451 Sqft |
Acreage | No |
SizeIrregular | 3958 |
SizeTotal | 3958 Sqft |
SizeTotalText | 3958 Sqft |
ZoningDescription | Rm-4 |
https://www.realtor.ca/real-estate/27937141/1-220-e-15th-avenue-vancouver
Contact us for more information
Fred Choy
Personal Real Estate Corporation