Wow! Prime Investment Opportunity in the Heart of Mount Pleasant. Exceptional mixed-use property located near Main Street and East 16th Avenue. This three-storey building features 10 residential units on the upper levels and one commercial unit on the ground floor, generating a current gross income of over $187,000 per year with significant upside potential from below-market rents. Situated on a 5,426.51 sq. ft. corner lot, zoned C-2 Commercial, and located within 800 metres of the Mount Pleasant Station Transit-Oriented Development Area, this property offers strong holding income and an excellent future redevelopment potential. A solid long-term investment in one of Vancouver's most sought-after and evolving neighbourhoods! (id:57557)
| MLS® Number | C8066568 |
| Property Type | Multi-family |
| Neigbourhood | Riley Park–Little Mountain |
| Constructed Date | 1987 |
| Size Interior | 7,000 Ft2 |
| Acreage | No |
| Sewer | Storm Sewer |
| Size Irregular | 5426 |
| Size Total | 5426 Sqft |
| Size Total Text | 5426 Sqft |
| Zoning Description | C-2 |
| Cable | Available |
https://www.realtor.ca/real-estate/27904020/210-e-16th-avenue-vancouver
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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