1858 E 15TH Avenue
Grandview Woodland
Vancouver
V5N 2G4
$2,625,000
Multi-Family Commercial
- Prop. Type:
- Multi-Family Commercial
- Build. Type:
- Multiple Tenant/Multi-Plex (5+)
Here is information on Bob's New Listing at 1858 East 15TH Ave Vancouver, located Steps from Trout Lake in a beautiful Grandview Woodland neighbourhood, on a nice Tree-lined Street. This is a Huge Legal 5 Unit Income Property in excellent Condition, professionally managed with Great Tenants. The 4 Level 4470 SF House was completely ReBuilt from Foundation in 1994, with plans, permits for structure, electrical, plumbing, windows, flooring, & insulation. Building is fully sprinklered, all Suites have 2 entrances, fire blocked, hardwired heat & smoke detectors, separate electrical meters, dishwashers. Suites are clean, bright with updated Kitchens & Baths, nice Decks. Shared Coin Laundry & a large Bike Room.
Gross Income is $9,542/mo, $114,504/yr with Rental Upside, Cap Rate 3.4%. Potential Income is $132,600/yr with Potential Cap Rate 4.1%. Suite mix: 2X1 Bdrm, 2X2 Bdrm & 1X3 Bdrm Licensed Suites. Expenses approx $24,597/yr including property management, Tenants pay own Hydro (heat/light). Corner property 33’X70.2’ RT-8 Lot. Prime area next to Trout Lake, the Community Centre, minutes to Commercial Drive Shops, Restaurants, Skytrain Station & Transit. Vancouver Walk Score 79, Transit Score 85, Bike Score 99. This is a Great Easy Care Investment Property, No Vacancies. Also perfect for Owner Occupiers or Shared Ownership with lots of Mortgage help. Showing by Appointment with 2 Day Notice, must confirm attendance. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, and Viewing. Asking Price $2,625,000.
Listed by RE/MAX REAL ESTATE SERVICES
Data was last updated December 6, 2023 at 02:10 PM (UTC)
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