1072 E 55th Avenue Vancouver, British Columbia V5X 1N9

$1,668,000

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 $6,103/mo, $73,236/yr well below market. Potential Gr Inc $7,500/mo, $90,000, 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. Showings by Appt w 2 Day Notice. Call LS for Info Pkg, Floor Plan. Showing Sat Nov 1 Call for Details. (id:46156)

Property Details

MLS® Number	R3060348
Property Type	Multi-family
Parking Space Total	3

Building

Bathroom Total	4
Bedrooms Total	7
Basement Development	Finished
Basement Features	Separate Entrance
Basement Type	Full (finished)
Constructed Date	1910
Size Interior	2,922 Ft2
Type	Fourplex

Land

Acreage	No
Size Frontage	33 Ft
Size Irregular	110
Size Total	110 Sqft
Size Total Text	110 Sqft

https://www.realtor.ca/real-estate/29012602/1072-e-55th-avenue-vancouver