Multi-family for sale
1865 W 12th Avenue, Kitsilano, Vancouver
$3,999,000
$3,999,000
Multi-family for sale
1865 W 12th Avenue, Kitsilano, Vancouver
Features
Floor Area
5,354 sqft
Lot Size
6,250 sqft
Gross Property Tax
$10,210.20 /year
Building Type
Mul Tenant/MultiPlex (5+)
Zoning
RT8
# of Parking Spaces
4
Subject Property Width
50 ft
Subject Property Depth
125 ft
Suite Mix Information
5 x Bachelor/Studio, 4 x 1 ½, 1 x 2 ½
Description
CASHFLOW! CASHFLOW! CASHFLOW! Fully leased & well maintained 10-suite investment property . Located in the highly sought-after Kitsilano neighbourhood, this ideal location offers transit access to both Downtown and UBC in under 20 minutes . The property has consistently maintained a near 0% vacancy rate and comprises an excellent suite mix, catering to everyone from students to seniors . This low-maintenance property is the perfect opportunity for an investor wanting to capitalize on the future rental upside, driven by area densification and additional transit options, thanks to the Broadway Plan/Line . Annual Gross Income of +/- $259,000 .
MLS® Number C8062881