Real Estate Services

1918 E 1st Avenue, Vancouver
MLS®: R2670751

7 Beds 3 Baths 2,266 Sqft 2,928 Lot SqFt 1912 Built

Beat inflation, invest here! It's like owning your own apartment with 3 self contained suites generating income! Seller has business license to rent out all 3 units, consistently doing so for last 50yrs. Great investment, excellent cap rate, ready to rent, just renew with a coat of paint or carry out simple renovations & this home can have $6000/mth or more income! 3-bdrm suite on grnd flr (above grade), 2-bdrm suite on main flr and 2-bdrm suite on upper flr. Earn income while you hold this revenue property with a level lot that has potential land assembly value or new build. MULTIFAMILY RM-11N zoning, up to 1.7FSR if combined with other lots (verify with City of Van). Unbeatable location with a 92 walkscore, 2 blks to vibrant Commercial Drive, restaurants, shops, transit, parks. Call Now!
Taxes (2021): $3,658.06
Features
  • Refrigerator
  • Stove
Site Influences
  • Central Location
  • Lane Access
  • Recreation Nearby
  • Shopping Nearby

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MLS Reciprocity

Listed By: Oakwyn Realty Encore

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.