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Home BC Metro Vancouver Vancouver Mount Pleasant
749 E 16TH AVENUE
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749 E 16TH AVENUE $1,749,000
$1,749,000
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749 E 16TH AVENUE
Vancouver, British Columbia V5T2V5

MLS® Number: C8065058

Listing Description

High Quality, 1st Class, True Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add'l extensive 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. Opportunity own quality property w great Cash Flow in popular Van neighbourhood. 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. Offers if any, will be presented Mon Dec 16 after 5:00pm. Email all offers bob@bobbracken.com (35798420)

Property Summary

Property Type
Multi-family
Land Size
3259 sqft
Built in
1910
Annual Property Taxes
$6,367.73
Time on REALTOR.ca
9 days

Measurements

Square Footage
3040 sqft

Land

Other Property Information
Zoning Description
RT-5
Data provided by: Greater Vancouver REALTORS® 2433 Spruce Street, Vancouver, British Columbia V6H 4C8

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Bob Bracken