REALTOR®

1918 E 1st Avenue, Vancouver Listing #: R2702815

$1,488,000
7 Beds
3 Baths
2,266 Sqft
2,928 Lot SqFt
1912 Built


Attention Investors! Amazing opportunity to own this 3 storey, flat and above grade rental revenue property located in a superb central location, minutes to thriving Commercial Drive, schools, parks, amenities, shops and skytrain. Own three self contained rental suites that can generate current market rent of at least $6000/mth OR convert to AirBNB without having to deal with pesky strata councils! At less than $500K/door this is an excellent investment with a potential land assembly value for a Multifamily RM-11N Zoning at up to 1.7FSR. Rental demand is high in this area, with a little update, this property has tremendous rental revenue upside and can generate income for generations to come. Seller has business license to rent out all 3 unit. Showings by appointment, call now!
Taxes (2021): $3,658.06
Amenities: Storage

Features
  • Range Top
  • Refrigerator
  • Storage Shed
Site Influences
  • Central Location
  • Lane Access
  • Recreation Nearby
  • Shopping Nearby

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MLS Reciprocity

Listed By: Oakwyn Realty Encore

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