Captain Vancouver

For Sale

MLS# R2670751
1918 E 1ST AVENUE, Vancouver BC V5N1B4
7 Bedrooms   |   3 Bathrooms   |   2266 sq.ft.

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Ian Brett

Phone: (604) 968-7539

Property Details
Beat inflation, invest here! It's like owning your own apartment housing with 3 self contained suites for generating income! Seller has business license to rent out all three units consistently for last 50yrs. A great investment with an excellent cap rate, after renovations, this home has a potential monthly income of $6000 or more! A 3-bedroom unit on the ground floor, a 2-bedroom unit on the main floor and a 2-bedroom unit on the upper floor. Earn income while you hold for potential land assembly value. MULTIFAMILY RM-11N zoning with potential for up to 1.7FSR when combined with other lots (verify with City of Vancouver). Unbeatable location with a 92 walkscore, close to vibrant Commercial Drive, restaurants, shops, transit, community centres and parks. Showings by appointment, call now! (id:5347)
Property Value: $1,499,000 Living Area: 2266 sq.ft.
Year Built: 1912 Bedrooms: 7
House Type: House Bathrooms: 3
Property Type: Single Family Owner Type: Freehold
Appliances: Refrigerator, Stove
Features: Central location
Added to MLS: 2022-03-31 00:30:11

Listing Provided By:
MLS Reciprocity   Lynn Lim | Oakwyn Realty Encore
Contact Ian Brett to schedule a viewing or provide more details.
Call 604 YOUR KEY that's (604) 968-7539 or email
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