Exceptional investment opportunity in the heart of East Vancouver's sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The building has has major mechanical upgrades and units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul's Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city's most popular, high demand areas. (id:4069)
Address
1923 PARKER STREET
List Price
$4,098,000
Property Type
Multi-family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Vancouver
Floor Area
6,212 Sq. Ft.
Lot Size
6100 Sq. Ft.
Year Built
1958
MLS® Number
C8077704
Listing Brokerage
Stilhavn Real Estate Services
Postal Code
V5L2L2
Zoning
RT5
