749 E 16TH AVE Active Save Request In-Person Tour Request Virtual Tour
Vancouver,BC V5T 2V5
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
Province 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