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1014 W 11TH Avenue in VANCOUVER: Fairview VW Commercial for sale (Vancouver West) : MLS(r) # V4038722

1014 W 11TH Avenue VANCOUVER V6H 1K1 : Fairview VW

Main Photo: 1014 W 11TH Avenue in VANCOUVER: Fairview VW Commercial for sale (Vancouver West)  : MLS(r) # V4038722banner
$1,650,000
Prop. Type:
Multi-Family (Commercial)
MLS® Num:
V4038722
Status:
Sold
Build. Type:
Multiple Tenant/Multi-Plex (5-Plex +)
Big old Multi-Family house built in 1907 and licensed by the City for 7 rental units, also contains an unauthorized 3 bedroom basement suite. Long time tenants so some rents are low. Gross $66,840 Net $49,726. GRM 24.7 CAP rate 3.01%. Wiring partially updated with 200 amp breakers and buried oil tank recently removed. A good single garage could be rented for more income. Upgrading of the building will generate higher rents. Please click on Link for details.
Price:
$1,650,000
Property Type:
Multi-Family (Commercial)
MLS® Num:
V4038722
Status:
Sold
Listed by RE/MAX David Campbell Realty and RE/MAX Bill Goold Realty
Listing information last updated on Feb 6, 2014 10:21 PM
David Campbell
Carolyn Azar
  looking at buying
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