210 16th Av E - Apartments FOR SALE


Vancouver, BC V5T 2T4- Riley Park
$4,988,000 CAD
604-263-2823
210 16th Av E, Vancouver, BC for Sale
$4,988,000 CAD
Apartments - FOR SALE
1/1
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210 16th Av E
Vancouver, BC V5T 2T4
Riley Park


OVERVIEW

Wow! Solid investment property available near Main Street on E. 16th Avenue. Total of 3 storeys with 10 residential units on second and third floor plus one commercial unit on ground level. Current Gross income of over $187,000/yr (potential upsides on below market rents). 5,426.51 Sq Ft corner property, C-2 commercial zoning, within 800m of Transit Oriented Development Area (Mount Pleasant Station) offers an excellent future redevelopment potential!

FOR SALE DETAILS

PRICE

$4,988,000 CAD

PRICE/SF

$499 CAD /SF

# OF UNITS

10

PRICE/UNIT

$498,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,548 SF

ZONING

C2

APN/PARCEL ID

003-624-021

ASK ABOUT THIS PROPERTY

Fred ChoyRE/MAX Real Estate ServicesMore Info
604-263-2823

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Fred ChoyRE/MAX Real Estate ServicesMore Info
604-263-2823

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.