749 E 16TH AVENUE Vancouver, BC

2 Bedroom Other for Sale

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    $1,749,000
    Bathrooms: 7 Bedrooms: 2 Sq Ft: 3040

    High Quality, 1st Class, Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add'l renos 2006-2007, bright Suites, great Tenants, low maintenance Bldg, sprinklered, minimal management reqd, zero vacancy. Some posted photos taken shortly after renos. Inc $9,416/mo, $112,992/yr, rent well below market. Cap Rate 5.4%. Potentials: Inc $12,700/mo, $152,400/yr, Cap Rate 7.7%. Great Mt Pleasant location, close to shopping, restaurants, transit, parks, mins Main St & D/T. Great investment, also perfect for non profit housing societies. Call LS for more info, floor plan, info pkg. Showings avail w 2 day notice. Showing Mon Dec 16 noon gone by 1:00pm by appt only. Offers if any, Mon Dec 16 after 5 PM, Email to LS.

    Provided by: RE/MAX Real Estate Services


    Additional Information

    MLS® Number: R2950512
    Year Built: 1925
    Property Type: Multifamily
    Taxes: $6,368
    By-Law Restrictions:
    Maintenance Fees: $0
    Maintenance Includes:

    Property Location

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