749 E 16TH AVE Active

Vancouver,BC V5T 2V5

$ 1749000

2 Beds

7 Baths

3040 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $575

Subdivision Mount Pleasant Ve

MLS Listing ID R2950512

Style 2 Storey

Bedrooms 2

Full Baths 7

Abv Grd Liv Area 1,380

Total Fin. Sqft 3040

Year Built 1925

Annual Tax Amount $6,367

Tax Year 2024

Lot Size 3,259 Sqft

Acres 0.07

Property Description

High Quality, 1st Class, Investment Property w Huge Income! 8 Self Contained Suites. Completely rebuilt from foundation in 2005, add''l renos 2006-2007, bright Suites, great Tenants, low maintenance Bldg, sprinklered, minimal management reqd, zero vacancy. Some posted photos taken shortly after renos. Inc $9,416/mo, $112,992/yr, rent well below market. Cap Rate 5.4%. Potentials: Inc $12,700/mo, $152,400/yr, Cap Rate 7.7%. Great Mt Pleasant location, close to shopping, restaurants, transit, parks, mins Main St & D/T. Great investment, also perfect for non profit housing societies. Call LS for more info, floor plan, info pkg. Showings avail w 2 day notice. Showing Mon Dec 16 noon gone by 1:00pm by appt only. Offers if any, Mon Dec 16 after 5 PM, Email to LS.

Location

State BC

Community Mount Pleasant Ve

Area Vancouver East

Zoning RT-5

Rooms

Other Rooms Living Room

Basement None

Kitchen 8

Separate Den/Office N

Interior

Heating Natural Gas,Radiant

Heat Source Natural Gas,Radiant

Exterior

Exterior Feature Patio(s) & Deck(s)

Parking Features None

Roof Type Asphalt

Lot Frontage 37.0

Lot Depth 88.09

Building

Dwelling Type Other

Story 2

Water City/Municipal

Structure Type Frame - Wood

Others

Tax ID 013-737-716

Ownership Freehold NonStrata

Energy Description Natural Gas,Radiant

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