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ID: 62310
MLS ID: 24577173
MLS Nubmer: R2702815
description: 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 units, over last 50 years.
address: 1918 E 1ST AVENUE
postal code: V5N1B4
city: Vancouver
latitude: 49.26936800
longitude: -123.06529200
constructed_date: 1912
type: House
sub_type: Single Family
size_interior: 2266 sqft
size_total: 2928 sqft
construction_style_attachment: Detached
bedrooms: 7
bathrooms: 3
storage: Storage Shed
appliances: Refrigerator
features: Central location
amenities_near_by: Recreation, Shopping