1917 E 1ST Avenue

    Vancouver, BC V5N 1B3
    • $2,149,000
    • STATUS: Active
    • ID#: R2274804
    UPDATED: 78 min ago
    $2,149,000
    • 5
      BEDS
    • 0.09
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,842
      SQFT
    • $756
      $/SQFT
    Neighbourhood:
    Type:
    Single-Family Home
    Built:
    1910

    Description

    INVESTOR ALERT! Amazing opportunity with this Commercial Drive 5PLEX generating over $100K annually! Sitting on a 33x124.5 in the heart of The Drive and the newly adopted Grandview-Woodlands community plan. The entire building has been extensively renovated, from the interior of each suite to the mechanics to the brand new roof, making this home turn-key. All the suites are really nice meaning it could work great for co-owners, someone to live in one suite and collect revenue from the rest or savvy investors. Located in one of Vancouver's most sought-after communities with new zoning, offering huge future development potential while operating at an impressive 4.17% cap rate, this property makes for a sound investment!

    Monthly Payment Calculator

    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.
    www.viewvancouverproperties.ca/homes/84125152

    1917 E 1ST Avenue Vancouver, BC V5N 1B3

    • Price: $2,149,000
    • Status: Active
    • Updated: 78 min ago
    • ID#: R2274804
    5
    Beds
    5
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,842
    SQFT
    $756
    $/SQFT
    1910
    Built
    Neighbourhood:
    Grandview Ve
    Area:
    Vancouver East
    Property Description
    INVESTOR ALERT! Amazing opportunity with this Commercial Drive 5PLEX generating over $100K annually! Sitting on a 33x124.5 in the heart of The Drive and the newly adopted Grandview-Woodlands community plan. The entire building has been extensively renovated, from the interior of each suite to the mechanics to the brand new roof, making this home turn-key. All the suites are really nice meaning it could work great for co-owners, someone to live in one suite and collect revenue from the rest or savvy investors. Located in one of Vancouver's most sought-after communities with new zoning, offering huge future development potential while operating at an impressive 4.17% cap rate, this property makes for a sound investment!
    Exterior Features

    Depth 124.5 Frontage 33 Frontage Metric 10.06 Lot Sz Hectares 0.04 Lot Sz Sq Mtrs 381.69 Site Influences Central LocationLane AccessPrivate YardRecreation NearbyShopping Nearby

    Interior Features

    Basement Area Fully FinishedSeparate Entry Fireplaces 1 Floor Area Fin Main Floor 1224 Total Baths 5

    Property Features

    For Tax Year 2017 Gross Taxes 4977.29 Short Region Code Real Estate Board Of Greater Vancouver Style Of Home 2 Storey W/Bsmt. Title To Land Freehold Nonstrata Type Of Dwelling House/Single Family

    Listing provided courtesy of Re/Max Select Realty. © 2018 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.
    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.
     
    Simon King Real Estate Group
    2899 Commercial Drive
    Vancouver BC, V5N 0A6