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:4069)
Address
1 220 E 15TH AVENUE
List Price
$3,538,000
Property Type
Multi-family
Area
British Columbia
Sub-Area
Vancouver
Floor Area
4,451 Sq. Ft.
Lot Size
3958 Sq. Ft.
Year Built
1920
MLS® Number
C8066852
Listing Brokerage
RE/MAX Real Estate Services
Postal Code
V5T2P9
Zoning
RM-4
