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1918 E 1st Avenue

Vancouver

7 Bed, 3 Bath House

$1,488,000

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. Showings by appointment, call now!

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AMENITIES

  • check_boxStorage

FEATURES

  • check_boxRange Top
  • check_boxRefrigerator
  • check_boxStorage Shed

AT A GLANCE

MLS® # R2702815
Subarea Grandview Woodland
Home Style 3 Storey
Beds 7
Baths 3
Size 2,266 sqft
Lot Size 2,928 SqFt.
Lot Dimensions 24.00 × 122
Built 1912
Taxes $3,658.06 in 2021

MAP

1918 E 1st Avenue, Vancouver BC V5N 1B4 near Victoria Drive & E 1st Ave in Grandview Woodland

LISTING BROKERAGE

Oakwyn Realty Encore

TO VIEW CONTACT

Les Twarog
BC Condos & Homes
Re/Max Crest Realty
les@bccondos.net
Phone: 604-706-1760

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DISCLAIMER

Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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