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Jeffrey Sefton
REAL Broker BC - Okanagan Home Team
info@okanaganrealestatesearch.com +1(778) 235-4501$3,538,000
Est. payment /mo
4,451 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,451 sqft
Price per Sqft $794
MLS® Listing ID C8066852
Year Built 1920
Lot Size 3,958 Sqft
Acres 3958.0
Source Greater Vancouver REALTORS®
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by RE/MAX Real Estate Services