Multi Family

117 E 15TH Avenue
Mount Pleasant VE Vancouver V5T 2P6

$7,688,000
Multi-Family Commercial

Main Photo: 117 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8017040
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8017040
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Beautiful 12 unit boutique walk-up three level apartment building just off Main St in turnkey condition! All suites have been updated; full kitchen with dishwasher, bathroom, insuite laundry, lighting and windows. Gorgeous refinished character wood floors throughout most units. Excellent tenants in place. All apartments are separately metered, tenant pays their heat and hydro with the exception of two. Building has updated entry and hallways with new carpet & paint. Fantastic curb appeal, low maintenance landscaping with newly paved rear with 5 parking stalls. Awesome location 15th Ave and Main St, steps to trendy cafes, shopping & transit. The building offers excellent carefree income with few expenses and good almost 3% capitalization rate, PROPERTY IS IN A BARE TRUST, a real gem and a rare offering!
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
12
# Storeys:
3.0
Year built:
1958 (Age: 60)
Total Floor Area:
6,534 sq. ft.
Land Use/Zoning:
RM-4
Taxes:
$7,372.95 / 2017
# Elevators:
0
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$220,931
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
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Larger map options:
Sutton Group-West Coast Realty
Listing information last updated on May 12, 2018 at 02:40 AM (UTC)