1 220 E 15th Avenue Vancouver, British Columbia V5T 2P9

4,451 ft2

$3,538,000

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:61635)

Property Details

MLS® Number C8066852
Property Type Multi-family

Building

Constructed Date 1920
Size Interior 4,451 Ft2

Land

Acreage No
Size Irregular 3958
Size Total 3958 Sqft
Size Total Text 3958 Sqft
Zoning Description Rm-4

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