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. (id:17816)
| MLS® Number | R2950512 |
| Property Type | Single Family |
| Neigbourhood | Renfrew-Collingwood |
| Bathroom Total | 7 |
| Bedrooms Total | 2 |
| Constructed Date | 1925 |
| Size Interior | 3,040 Ft2 |
| Acreage | No |
| Size Frontage | 37 Ft |
| Size Irregular | 3259 |
| Size Total | 3259 Sqft |
| Size Total Text | 3259 Sqft |
https://www.realtor.ca/real-estate/27738820/749-e-16th-avenue-vancouver
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