Investor Alert! Prime Broadway subway location! Huge re-development potential on the new OCP up to 20 stories with 6.5 FSR! Current mint condition 17-Suite/ 4-stories apartment building situated in the prestigious Fairview Neighbourhood, nearly complete updated in 2013 w/new building envelope & siding, window, sliders, balconies & railings, new roof and was fully re-piped minimizing future capital expenditures. Gross income over $360,000, young professional tenants w/ healthy turnover rate. Located between Granville & VGH stations, 5-min drive to Downtown Vancouver and an excellent cross section of amenities and services along the Granville Retail corridor ensuring the property continues to attract and retain quality tenants and drive rents. (id:4069)
Address
2525 BIRCH STREET
List Price
$9,900,000
Property Type
Multi-family
Area
British Columbia
Sub-Area
Vancouver
Floor Area
9,845 Sq. Ft.
Lot Size
8000 Sq. Ft.
Year Built
1989
MLS® Number
C8064872
Listing Brokerage
Royal Pacific Realty Corp.
Postal Code
V6H2T3
Zoning
RM-3
Features
Lane
Schools
6 public & 7 Catholic schools serve this home. Of these, 4 have catchments. There are 2 private schools nearby.
Parks & Rec
10 tennis courts, 4 playgrounds and 7 other facilities are within a 20 min walk of this home.
Transit
Street transit stop less than a 2 min walk away. Rail transit stop less than 2 km away.
