Multi-family for sale
210 E 16th Avenue, Main, Vancouver
$4,988,000
Features
Year Built
1987
Floor Area
7,800 sqft
Lot Size
5,426 sqft
Gross Property Tax
$16,327.20 /year
Building Type
Low Rise (2-4 storeys), Mixed Use
Zoning
C-2
Subject Property Width
43.51 ft
Subject Property Depth
122.04 ft
Suite Mix Information
4 x Bachelor/Studio, 4 x 1 ½, 2 x 2 ½, 1 x Other
Total no. of Units
11
Financial Summary
$18,729,730
Description
Wow! Solid investment property available near Main Street on E. 16th Avenue. Total of 3 storeys with 10 residential units on second and third floor plus one commercial unit on ground level. Current Gross income of over $187,000/yr (potential upsides on below market rents). 5,426.51 Sq Ft corner property, C-2 commercial zoning, within 800m of Transit Oriented Development Area (Mount Pleasant Station) offers an excellent future redevelopment potential!
MLS® Number C8066568