31
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$1,749,000
Est. payment /mo
3,040 SqFt
Active
749 E 16TH AVENUE Vancouver, BC V5T 2V5
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UPDATED:
12/15/2024 07:44 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $575
Subdivision Mount Pleasant Ve
MLS Listing ID C8065058
Year Built 1910
Annual Tax Amount $6,367
Tax Year 2024
Property Description
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
Location
Province BC
Community Mount Pleasant Ve
Area Vancouver East
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Exterior
Roof Type Asphalt Shingles
Building
Dwelling Type Multi-Family Commercial
Story 2
Structure Type Wood Frame
Listed by RE/MAX Real Estate Services
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