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2072 W 15TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West) : MLS® # C8016457

2072 W 15TH Avenue Vancouver V6J 2L5 : Kitsilano

Main Photo: 2072 W 15TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS® # C8016457
$2,750,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8016457
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Huge 4 Suite Building (3 authorized), just East of Arbutus Street, close to the new Greenway in the 1st class Kitsilano/Lower Shaughnessy neighbourhood. 4541 SF 4 level Building in decent condition, contains 1.Top: 1650 SF 2 level, 4/5 bdrm, 1.5 bath suite with a huge deck; 2. Main Floor: 1300 SF, 3/4 bdrm, 2 bath suite, also w big deck; 3. Ground: 1100 SF (approx) 3 bdrm, 1 bath suite; and 4. Ground: 350 SF (approx) self contained studio suite. Current rents $6750/mo, $81,000/yr - is much below market. Contains 4 elect meters, shared laundry & 4 car open parking. Excellent investment, great for owner occupiers & shared ownership, real redevelopment potential with RT-8 zoning. Call LS for info pkg, floor plan, details. Showings with 48 hrs notice, by Appointment please. Showing Saturday Feb 24th @ 3:30pm gone by 4:15pm by Appointment.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Residential Mix, Multiple Tenant/Multi-Plex (5+)
# Units:
4
# Storeys:
4.0
Year built:
1912 (Age: 106)
Land Use/Zoning:
RT-8
Taxes:
$7,255.23 / 2017
Env Assmt Phase:
None
Cap Rate %:
2.4
Other Income:
$0
Effective Gross Income:
$81,000
Gross Income:
$81,000
Oper. Expenses:
$14,000
Net Operating Income:
$67,000
Listed Date:
Jan 08, 2018
Previous Price:
$2,825,000
Listing information last updated on 22-Feb-2018 9:05 PM