The Largest Number of Homes for Sale
Multi-family for sale
749 E 16th Avenue, Mount Pleasant VE, Vancouver
$1,749,000
$1,749,000
Multi-family for sale
749 E 16th Avenue, Mount Pleasant VE, Vancouver
Features
Year Built
1910
Floor Area
3,040 sqft
Lot Size
3,259 sqft
Gross Property Tax
$6,367.73 /year
Building Type
Residential Mix
Zoning
RT-5
Subject Property Width
37 ft
Subject Property Depth
88.09 ft
Suite Mix Information
6 x Bachelor/Studio, 2 x 1 ½
Total no. of Units
8
Financial Summary
$112,992
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
MLS® Number C8065058