High Quality, 1st Class, Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add'l renos 2006-2007, bright Suites, great Tenants, low maintenance Bldg, sprinklered, minimal management reqd, zero vacancy. Some posted photos taken shortly after renos. Inc $9,416/mo, $112,992/yr, rent well below market. Cap Rate 5.4%. Potentials: Inc $12,700/mo, $152,400/yr, Cap Rate 7.7%. Great Mt Pleasant location, close to shopping, restaurants, transit, parks, mins Main St & D/T. Great investment, also perfect for non profit housing societies. Call LS for more info, floor plan, info pkg. Showings avail w 2 day notice. Showing Mon Dec 16 noon gone by 1:00pm by appt only. Offers if any, Mon Dec 16 after 5 PM, Email to LS. (id:58426)
MLS® Number | R2950512 |
Property Type | Single Family |
Neigbourhood | Renfrew-Collingwood |
BathroomTotal | 7 |
BedroomsTotal | 2 |
ConstructedDate | 1925 |
SizeInterior | 3040 Sqft |
Acreage | No |
SizeFrontage | 37 Ft |
SizeIrregular | 3259 |
SizeTotal | 3259 Sqft |
SizeTotalText | 3259 Sqft |
https://www.realtor.ca/real-estate/27738820/749-e-16th-avenue-vancouver
Contact us for more information
Bob Bracken