1918 E 1st Avenue, Vancouver, BC

  • 7 beds
  • 3 baths
  • 2,266 sqft
  • lot size: 2,928 sqft
  • 1912 built
  • R2670751

$1,499,000

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Secondary Information

General Info

Status
Active
Sub-Area
Grandview Woodland
Area
Vancouver East
City
Vancouver
Province
BC
Taxes
$3,658 / 2021
Property Type
House/Single Family
Home Style
3 Storey

Additional Info

Amenities
None
Features Included
Refrigerator
Stove
SIZE: 2,266 sqft TAXES (2021): $3,658
MLS®: R2670751
TYPE: House/Single Family $/Sq.Ft: 662
SUBAREA: Grandview Woodland

Description

Beat inflation, invest here! It's like owning your own apartment with 3 self contained suites generating income! Seller has business license to rent out all 3 units, consistently doing so for last 50yrs. Great investment, excellent cap rate, ready to rent, just renew with a coat of paint or carry out simple renovations & this home can have $6000/mth or more income! 3-bdrm suite on grnd flr (above grade), 2-bdrm suite on main flr and 2-bdrm suite on upper flr. Earn income while you hold this revenue property with a level lot that has potential land assembly value or new build. MULTIFAMILY RM-11N zoning, up to 1.7FSR if combined with other lots (verify with City of Van). Unbeatable location with a 92 walkscore, 2 blks to vibrant Commercial Drive, restaurants, shops, transit, parks. Call Now!

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Listing Courtesy of Oakwyn Realty Encore
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