LOADING

749 E 16th Avenue Vancouver, British Columbia V5T 2V5

2 Bedroom 7 Bathroom 3040 sqft

$1,749,000

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)

Property Details

MLS® Number R2950512
Property Type Single Family
Neigbourhood Renfrew-Collingwood

Building

BathroomTotal 7
BedroomsTotal 2
ConstructedDate 1925
SizeInterior 3040 Sqft

Land

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

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Bob Bracken


RE/MAX Real Estate Services
#110 - 3540 West 41st Avenue
Vancouver, British Columbia V6N 3E6