Property listed at 1626 10TH AVE W in Vancouver.
The Catalpa - A Gorgeous 15-suite, 3-storey apartment building located in the heart of Vancouver's South Granville neighbourhood, 2 blocks West of Granville on a quiet block of W10th Ave. The 1961 building is in excellent condition & sits on a South 50' x 125' RM-3 zoned lot. The licensed 15 studio suites, are all spacious, bright w/hardwood floors, balconies or patios. Gross inc of approx. $216,000/yr from long term tenants has considerable upside. Steps to South Granville shopping, galleries, coffee shops, restaurants, banks, transportation, minutes to Downtown, UBC, Vancouver Airport. Only 2 blocks from the future Broadway/Granville transit subway station, the property is in an area of great future economic development & enhancement, but sheltered from its most disruptive aspects. Fantastic Investment - those wanting the Best Location, Condition, Ease of Management & Value should see this. Showing by Appointment Only COVID Rules, min 2 Day Notice. Contact LS for Viewing, Info Pkg, etc
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