Property listed at 1227 - 1229 E 13TH AV in Vancouver.
Vancouver Special legal multiplex on a 50'x127' RT-5 lot in a great Mt Pleasant neighbourhood. The house contains 2 large 3 bedroom suites with own laundry, a small bachelor suite, plus additional 400 sq ft development over the rear attached two car garage. Current rents of $3,850/mo are below market, and the garage could rent for $300/mo, for total rents of $50,000/year, with upside. Tenants pay utilities, so expenses are low. The house is in good condition, and the RT-5 lot could be re-developed for as much as 4750 strata duplex or 3-plex. This is a great investment, development & holding property, or perfect for owner occupiers & 2 family ownership. No sign. Tenanted, so limited showings by appt only.
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