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Here is information on Bob Bracken's New Listing at 2128-2130 East Pender Street, Vancouver. This is an East Village/Commercial Drive Exceptional Income & Residential Property, located on the wide Historical Pender Boulevard surrounded by Grand Character properties. The 3450 SF Building is a Legal Side-By-Side Duplex with 4+ Units, Exceptional Cash Machine. The Building is in excellent condition with updated electrical, plumbing, floors, kitchens, baths, 2 furnaces, meters & H/W tanks, private patios, decks & Mtn views. Coin Laundry, Mechanical Rooms & Storage. Character Features: wood floors, high ceilings, wainscotings.
Suite Mix: 3 X 2 Bdrm & 2 X 1 Bdrm Units, each with separate entrances. Top Floor big stylish 2 Bdrm Suite, vaulted ceilings, good Mtn views & deck. Main Floor has 2 identical, 2 Bdrm Suites, private patios & decks. Ground level has 2 identical 1 Bdrm Suites – One Unit Newly Renovated w own laundry & D/W. Gross Income $11,779/mo, $141,348/yr w rental upside (includes estimate for "Renovated" Suite), Net approx $117,928/yr, with a great Cap Rate of 5.1%!
Excellent Investment property with great Cash Flow for Investors. Great Accommodation & Mortgage Help for Owner-Occupiers, Shared Ownership & Extended Families. Great location, close to popular East Village & Commercial Drive neighbourhoods. Close to transit & shopping, restaurants, parks & schools, mins to Vancouver Downtown. Vancouver Walk Score 95, Transit Score 67, Bike Score 92. Call Bob Bracken at 604-220-2035 for Information Package, Floor Plan, Viewing. Asking Price $2,295,000.
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Listed by RE/MAX Real Estate Services
Data was last updated April 3, 2025 at 08:40 AM (UTC)
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