CASH COW says moo-moo-mooney! INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Consider AirBnB options and put this cash cow on steroids. By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses. (id:58426)
MLS® Number | R2928943 |
Property Type | Multi-family |
Neigbourhood | Mount Pleasant |
AmenitiesNearBy | Recreation, Shopping |
Features | Central Location |
ParkingSpaceTotal | 4 |
BathroomTotal | 5 |
BedroomsTotal | 6 |
Amenities | Laundry - In Suite, Shared Laundry |
Appliances | Washer & Dryer, All, Refrigerator |
BasementDevelopment | Finished |
BasementFeatures | Separate Entrance |
BasementType | Full (finished) |
ConstructedDate | 1921 |
FireProtection | Smoke Detectors |
Fixture | Drapes/window Coverings |
SizeInterior | 2917 Sqft |
Type | Triplex |
Acreage | No |
LandAmenities | Recreation, Shopping |
LandscapeFeatures | Garden Area |
SizeFrontage | 50 Ft |
SizeIrregular | 5600 |
SizeTotal | 5600 Sqft |
SizeTotalText | 5600 Sqft |
https://www.realtor.ca/real-estate/27458202/195-w-12th-avenue-vancouver
Contact us for more information
Denny Fok
PREC*, Elite Property Advisors Group
Steve Kwok
Elite Property Advisors Group