CASH COW says moo-moo-mooney! INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Consider AirBnB options and put this cash cow on steroids. By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.
Address
195 W 12TH AVENUE
List Price
$4,498,000
Property Type
Multifamily
Type of Dwelling
Triplex
Style of Home
2 Storey w/Bsmt.
Area
Vancouver West
Sub-Area
Mount Pleasant VW
Bedrooms
6
Bathrooms
5
Floor Area
2,917 Sq. Ft.
Lot Size
5600 Sq. Ft.
Year Built
1921
MLS® Number
R2928943
Listing Brokerage
RE/MAX City Realty
Basement Area
Full, Fully Finished, Separate Entry
Postal Code
V5Y 1T6
Zoning
RES
Tax Amount
$10,121.00
Tax Year
2024
Site Influences
Central Location, Lane Access, Paved Road, Private Yard, Recreation Nearby, Shopping Nearby
Features
Clothes Washer/Dryer, ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Freezer, Garage Door Opener, Microwave, Pantry, Range Top, Refrigerator, Smoke Alarm
Amenities
Garden, In Suite Laundry, Shared Laundry, Storage