7,000 ft2
$4,988,000
Wow! Prime Investment Opportunity in the Heart of Mount Pleasant. Exceptional mixed-use property located near Main Street and East 16th Avenue. This three-storey building features 10 residential units on the upper levels and one commercial unit on the ground floor, generating a current gross income of over $187,000 per year with significant upside potential from below-market rents. Situated on a 5,426.51 sq. ft. corner lot, zoned C-2 Commercial, and located within 800 metres of the Mount Pleasant Station Transit-Oriented Development Area, this property offers strong holding income and an excellent future redevelopment potential. A solid long-term investment in one of Vancouver's most sought-after and evolving neighbourhoods! (id:60626)
Property Details
|
MLS® Number
|
C8066568 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Renfrew-Collingwood |
Building
|
Constructed Date
|
1987 |
|
Size Interior
|
7,000 Ft2 |
Land
|
Acreage
|
No |
|
Sewer
|
Storm Sewer |
|
Size Irregular
|
5426 |
|
Size Total
|
5426 Sqft |
|
Size Total Text
|
5426 Sqft |
|
Zoning Description
|
C-2 |
Utilities
