RE/MAX Real Estate Services Blog

New property listed in Mount Pleasant VE, Vancouver East

Property listed at 794 12TH AVE E in Vancouver.
Mt. Pleasant 3 Suite home w Massive Income, Extensive Reno's & Great Accommodation. Upgraded - 5 baths & 3 Kitchen's redone; new plumbing, elec (knob & tube replaced), windows, high eff furnace, on demand h/w, roof, windows, siding & insulation, drywall, flooring, sump etc. Top: Open Plan 1 Bdrm w view $1,450/mo (est); Main: 4 Bdrm, 2 Bath, 9' Ceilings, oak flrs, french doors, $3200/mo; Down: 5 Bdrm, 2 Bath, $3800/mo; Tenants pay util's, Total Income $8450/mo. $101,400/yr; Exp approx. $15,000/yr; Investors get Cap Rate of 5.8%! Owner Occupiers buy w min dnpmt & own for cost of renting! Developers - corner 33’x122’ RT-5 lot: Shwngs STRICTLY by Appt, 12 & 5 PM w 2 day notice. COVID rules, Mask/Gloves required. 1st Shwg Sun Sept 6th @ 1:00pm, Contact LS for Appt, Info Pkg, Floor Plan, etc.
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