1072 E 55th Avenue, South Vancouver, Vancouver East

1072 E 55th Avenue

South Vancouver, Vancouver East

Business
7 Bedrooms
4 Bathrooms
Size: 2,922 sqft
Built in 1910
$1,668,000
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About this Business in South Vancouver

South Vancouver Character 4 Unit Income Property on 33’x110’ South R1-1 Lot in quality neighbourhood of many Newer Homes. House 2922 SF 3 levels in good condition with updated Kitchens, Baths, Electrical. Good long term Tenants w no vacancies. Top 720 SF 1 Bdrm & Den, Main 1050 SF 3 Bdrm, Down 700 SF 2 Bdrm & Den, Plus a 325 SF Studio Suite. There are 3 Gas Meters, 4 H/W Tanks, 4 Elec. Meters, Big Double Garage w sep Bays & Power (rented) & 1 Open Parking. Gr Inc $5,903/mo, $70,836/yr well below market. Potential: Gr Inc $7,700/mo, $92,400/yr, Cap Rate 4.8%. 1st Class Investment & Great Building Site for New Home w Laneway. Perfect for Owner Occupiers & Shared Ownership with lots of Mtg Help. Showing by Appt w 2 Day Notice. Call LS for Info Pkg, Flr Plan. Showing Sat Nov 1st @ noon by Appt
Listed by RE/MAX Real Estate Services.

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South Vancouver Character 4 Unit Income Property on 33’x110’ South R1-1 Lot in quality neighbourhood of many Newer Homes. House 2922 SF 3 levels in good condition with updated Kitchens, Baths, Electrical. Good long term Tenants w no vacancies. Top 720 SF 1 Bdrm & Den, Main 1050 SF 3 Bdrm, Down 700 SF 2 Bdrm & Den, Plus a 325 SF Studio Suite. There are 3 Gas Meters, 4 H/W Tanks, 4 Elec. Meters, Big Double Garage w sep Bays & Power (rented) & 1 Open Parking. Gr Inc $5,903/mo, $70,836/yr well below market. Potential: Gr Inc $7,700/mo, $92,400/yr, Cap Rate 4.8%. 1st Class Investment & Great Building Site for New Home w Laneway. Perfect for Owner Occupiers & Shared Ownership with lots of Mtg Help. Showing by Appt w 2 Day Notice. Call LS for Info Pkg, Flr Plan. Showing Sat Nov 1st @ noon by Appt

Listed by RE/MAX Real Estate Services.

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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.

More Details

  • MLS®: R3060348
  • Bedrooms: 7
  • Bathrooms: 4
  • Type: Business
  • Size: 2,922 sqft
  • Lot Size: 110 sqft
  • Frontage: 33.00 ft
  • Full Baths: 4
  • Half Baths: 0
  • Taxes: $5687.27
  • Parking: Garage Double, Open, Lane Access, Rear Access (3
  • Basement: Full, Finished, Exterior Entry
  • Storeys: 2 storeys
  • Year Built: 1910

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Latitude: 49.2196758

Longitude: -123.0838387


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