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Key Details
Sold Price $1,802,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $592
Subdivision Mount Pleasant Ve
MLS Listing ID C8065058
Sold Date 12/17/24
Year Built 1910
Annual Tax Amount $6,367
Tax Year 2024
Property 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
Location
Province BC
Community Mount Pleasant Ve
Area Vancouver East
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Exterior
Roof Type Asphalt Shingles
Building
Story 2
Structure Type Wood Frame
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Zomorodian Real Estate Group
Team Leader | License ID: V99000
Team Leader License ID: V99000