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Call Ian at
604 YOUR KEY to view this property 
Ian Brett
Phone: (604) 968-7539 ian@captainvancouver.com |
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| Property Details | |||
| EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $176,736 in gross annual income ($14,528/month) with an attractive ~5% cap rate, this is a rare high-performing asset. Situated at 2452, 2472 & 2492 Balsam Street on a 5,750 square ft corner lot (50´ x 115´) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4,583 square ft of living space, 13 bedrooms and 6 bathrooms. Five established tenancies provide stable cash flow with upside potential. Ideal for investors or long-term holding with future redevelopment potential. Ideal for investors, multi-family buyers, or those seeking a long-term holding property in a high-demand location with excellent income and future upside. (id:5347) | |||
| Property Value: | $2,998,800 | Living Area: | 4583 sq.ft. |
| Year Built: | 1925 | Bedrooms: | 13 |
| House Type: | House | Bathrooms: | 6 |
| Property Type: | Single Family | Owner Type: | Freehold |
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Appliances: All Features: Central location Added to MLS: 4/22/2026 3:10:26 AM |
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Brandon Gee-Moore | RE/MAX Crest Realty