RE/MAX Real Estate Services BlogProperty listed at 215 12TH W in Vancouver West.
City Hall Character Revenue Property: 4 level multifamily house with hardwood floors, wainscotting, leaded windows, radiant heat & more. The building is in good condition, with a newer roof, ample decks, landscaped yard, great accommodation, great tenants, 3 open parking. Gross Income $89,000/year,Net $69,750, Cap Rate 3.5%, with upside. This is a very nice investment property & ideal for owner occupiers or even shared ownership. 45'x 125' RT-6 lot w/future redevelopment potential in a 1st class location: 2 blks to City Hall, steps to Broadway, Cambie shopping, restaurants, transportation & Canada Line, and walking distance from downtown. 1st Showing, by appt, Sat May 9th 1:00pm-2:00pm. Call LS for info pkg. |