Multi Family

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

$6,888,000
Multi-Family Commercial

Main Photo: 117 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8021604
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8021604
Build. Type:
Low Rise (2-4 stories)
Beautiful 12 unit boutique walk up three level apartment building just off Main St in TURN KEY CONDITION! All suites have been updated; full kitchen with dishwasher, bathroom, in-suite 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 exceptional of two. Building has updated entry and hallways with new carpet & paint. Fantastic curb appeal, low maintenance landscaping with newly paved rear wit 5 parking stalls. Awesome location 15th Ave and Main St, steps to trendy cafes, shopping & transit. The building offers excellent care free income with few expenses and EASY 3% cap rate, 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)
Land Use/Zoning:
RM-4
Taxes:
$8,154.21 / 2018
# Elevators:
0
HVAC:
Electric
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$204,648
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by Sutton Group-West Coast Realty
Listing information last updated on October 17, 2018 at 06:05 PM (UTC)
Bruce Long CCIM, FRI