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

$1,488,000

7 Bedroom 3 Bathroom 2266 sqft
MLS® Number R2702815
Property Type Single Family
Amenities Near By Recreation, Shopping
Features Central Location
Storage Type Storage Shed
Bathroom Total 3
Bedrooms Total 7
Appliances Refrigerator
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

Attention Investors! Amazing opportunity to own this 3 storey, flat and above grade rental revenue property located in a superb central location, minutes to thriving Commercial Drive, schools, parks, amenities, shops and skytrain. Own three self contained rental suites that can generate current market rent of at least $6000/mth OR convert to AirBNB without having to deal with pesky strata councils! At less than $500K/door this is an excellent investment with a potential land assembly value for a Multifamily RM-11N Zoning at up to 1.7FSR. Rental demand is high in this area, with a little update, this property has tremendous rental revenue upside and can generate income for generations to come. Seller has business license to rent out all 3 units, over last 50 years. (id:44538)

https://www.realtor.ca/real-estate/24577173/1918-e-1st-avenue-vancouver

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