26,387

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Feature sheet

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MLS® Number R2413130

Other Plex For sale

$4,499,900 or

1420 Napier Street, Grandview Woodland, Vancouver

Features

30 rooms 16 bedrooms 6+1 bathrooms/half baths
262434757 4499900 /en/other-plex~for-sale~grandview-woodland-vancouver/262434757?view=Summary http://themacnabs.com/napier-townhomes/ /en/other-plex~for-sale~grandview-woodland-vancouver/262434757/photos 49.2748118000 -123.0749239000 true
Style 3 Storey
Year Built 1912
Floor Area 1,259 sqft
Lot Size 2,816 sqft
Lot Frontage 88 ft
Features Clothes Washer/Dryer, Refrigerator, Stove
Amenities In Suite Laundry, Workshop Attached
Property Taxes $12,664 (2019)

Description

Hello investors ?? This is a very rare and unique opportunity to own 6 income generating townhomes sitting pretty on a corner lot in East Van. Close to Commercial drive with insane long term potential. Deals like this don't come up often. Priced below assessed value with a CAP RATE of 3.78%, Net Operating Income of $165,000. Total income for 2018 was $192,954. Great tenants already in place. The lot has serious holding potential being 88 feet wide by 32 feet deep and on the corner of Napier and McLean. Lots of upgrades over the years. New windows last year. Supporting documents available upon request.

Want more information?

Feature sheet

Visit the realtor's website to see the feature sheet for this property.

Jordan Macnab

Jordan Macnab

Keller Williams Elite Realty

Keller Williams Elite Realty

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Estimated property transfer tax

1% of $200,000
2% of remaining value up to and including $2,000,000
3% of remaining portion over $2,000,000
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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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