1918 E 1st Avenue, Vancouver, BC

  • 7 beds
  • 3 baths
  • 2,266 sqft
  • lot size: 2,928 sqft
  • 1912 built
  • R2702815

$1,488,000

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Secondary Information

General Info

Status
Active
Sub-Area
Grandview Woodland
Area
Vancouver East
City
Vancouver
Province
BC
Taxes
$3,658 / 2021
Property Type
House/Single Family
Home Style
3 Storey

Additional Info

Amenities
Storage
Features Included
Range Top
Refrigerator
Storage Shed
SIZE: 2,266 sqft TAXES (2021): $3,658
MLS®: R2702815
TYPE: House/Single Family $/Sq.Ft: 657
SUBAREA: Grandview Woodland

Description

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 unit. Showings by appointment, call now!

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Listing Courtesy of Oakwyn Realty Encore
Disclaimer: The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.