About this Business
Exceptional investment opportunity in the heart of East Vancouver’s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul’s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city’s most popular, high demand areas.
Listed by Stilhavn Real Estate Services.
Listing Features
- MLS®: R3060359
- Type: Business
- Bedrooms: 9
- Bathrooms: 9
- Square Feet: 6,216 sqft
- Lot Size: 6,100 sqft
- Frontage: 50.00 ft
- Full Baths: 9
- Half Baths: 0
- Taxes: $11443
- Parking: Open, Rear Access (5)
- View: Mountain
- Basement: None
- Storeys: 3 storeys
- Year Built: 1965
- Style: 3 Storey
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Hossein Pejman for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
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