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1 220 E 15TH AVENUE, Vancouver
Vancouver
Multi-family
$3,538,000
For sale
0 BEDS
0 BATHS
4451 sqft
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Description
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.
General Info
C8066852
1920
3958 sqft
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Purchase Amount
$ 3,538,000
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