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1918 E 1st Avenue Vancouver, British Columbia V5N 1B4

$1,499,000

7 Bedroom 3 Bathroom 2266 sqft
MLS® Number R2670751
Property Type Single Family
Amenities Near By Recreation, Shopping
Features Central Location
Bathroom Total 3
Bedrooms Total 7
Appliances Refrigerator, Stove
Constructed Date 1912
Construction Style Attachment Detached
Size Interior 2266 Sqft
Type House

Land

Acreage No
Land Amenities Recreation, Shopping
Size Frontage 24 Ft
Size Irregular 2928
Size Total 2928 Sqft
Size Total Text 2928 Sqft

Beat inflation, invest here! It's like owning your own apartment housing with 3 self contained suites for generating income! Seller has business license to rent out all three units consistently for last 50yrs. A great investment with an excellent cap rate, after renovations, this home has a potential monthly income of $6000 or more! A 3-bedroom unit on the ground floor, a 2-bedroom unit on the main floor and a 2-bedroom unit on the upper floor. Earn income while you hold for potential land assembly value. MULTIFAMILY RM-11N zoning with potential for up to 1.7FSR when combined with other lots (verify with City of Vancouver). Unbeatable location with a 92 walkscore, close to vibrant Commercial Drive, restaurants, shops, transit, community centres and parks. Showings by appointment, call now! (id:44538)

https://www.realtor.ca/real-estate/24206185/1918-e-1st-avenue-vancouver

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