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1306 E 18TH in Vancouver East: Knight Commercial for sale : MLS(r) # V4042644

1306 E 18TH Vancouver East V5V 1H6 : Knight

SOLD OVER THE ASKING PRICE!
Main Photo: 1306 E 18TH in Vancouver East: Knight Commercial for sale : MLS(r) # V4042644banner
$1,369,000
Prop. Type:
Multi-Family (Commercial)
MLS® Num:
V4042644
Status:
Sold
Build. Type:
Multiple Tenant/Multi-Plex (5-Plex +)
Fantastic rarely available Cedar Cottage revenue opportunity. Extensively renovated & mechanical updated 5plex with over 3800 square of total living space. Five approved two bedroom suites grossing over $84,000 per year. All suites have been recently updated. Top Floor: 2 bedroom with balcony & views: Main floor: two 2 bedroom suites both with high ceilings & large back sun deck. Ground floor: two bright & spacious 2 bedroom suites. Many options for owner occupier to collect big revenue or combine units in the future to accommodate a large family. Sunny South exposed 33' x 122' RT-IO CORNER LOT & sought after Mt. Pleasant location make this a excellent long term holding property. ~ 5% CAP RATE. Double Exposure see V1095673
Price:
$1,369,000
Property Type:
Multi-Family (Commercial)
MLS® Num:
V4042644
Status:
Sold
Listing information last updated on 23-Mar-2015 6:50 PM
  • Mark Hammer/Kathy Watkinson/Philip Watkinson/Bob Brattston
  • RE/MAX Crest Realty (Westside)
  • 604-732-1336
  • Contact by Email