CASH COW says moo-moo-mooney! INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Consider AirBnB options and put this cash cow on steroids. By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.
Address |
195 W 12TH AVENUE |
List Price |
$4,498,000 |
Property Type |
Residential Detached |
Type of Dwelling |
House/Single Family |
Style of Home |
2 Storey w/Bsmt. |
Area |
Vancouver West |
Sub-Area |
Mount Pleasant VW |
Bedrooms |
6 |
Bathrooms |
5 |
Floor Area |
2,917 Sq. Ft. |
Lot Size |
5600 Sq. Ft. |
Year Built |
1921 |
MLS® Number |
R2928942 |
Listing Brokerage |
RE/MAX City Realty
|
Basement Area |
Full, Fully Finished, Separate Entry |
Postal Code |
V5Y 1T6 |
Zoning |
RES |
Tax Amount |
$10,121 |
Tax Year |
2024 |
Site Influences |
Central Location, Lane Access, Paved Road, Private Yard, Recreation Nearby, Shopping Nearby |
Features |
Clothes Washer/Dryer, ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Freezer, Garage Door Opener, Microwave, Pantry, Range Top, Refrigerator, Smoke Alarm |
Amenities |
Garden, In Suite Laundry, Shared Laundry, Storage |