749 E 16th Avenue Vancouver, British Columbia V5T 2V5
$1,749,000
High Quality, 1st Class, True Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add'l extensive 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. Opportunity own quality property w great Cash Flow in popular Van neighbourhood. 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. Offers if any, will be presented Mon Dec 16 after 5:00pm. Email all offers bob@bobbracken.com (id:51704)
Property Details
| MLS® Number | C8065058 |
| Property Type | Multi-family |
Building
| Constructed Date | 1910 |
| Size Interior | 3040 Sqft |
Land
| Acreage | No |
| Size Irregular | 3259 |
| Size Total | 3259 Sqft |
| Size Total Text | 3259 Sqft |
| Zoning Description | Rt-5 |
https://www.realtor.ca/real-estate/27733362/749-e-16th-avenue-vancouver
#110 - 3540 West 41st Avenue
Vancouver, British Columbia V6N 3E6
(604) 263-2823
(604) 263-1057
www.remaxres.ca
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December 16 2024 03:59:23
Real Estate Board Of Greater Vancouver
RE/MAX Real Estate Services