Salem Cherkaoui

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117 E 15TH Avenue
Mount Pleasant VE Vancouver V5T 2P6

$6,988,000
Multi-Family Commercial

Main Photo: 117 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8019568
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8019568
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Beautiful 12 unit boutique walk-up three level apartment building just off Main St in TURN KEY condition! All suites have been updated; full kitchen with dishwasher, bathroom, in-suite laundry, lighting and windows. Gorgeous refinished character wood floors throughout most units. Excellent tenants in place. All apartments are separately metered, tenant pays their heat and hydro with the exception of two. Building has updated entry and hallways with new carpet & paint. Fantastic curb appeal, low maintenance landscaping with newly paved rear with 5 parking stalls. Awesome location 15th Ave and Main St, steps to trendy cafes, shopping & transit. The property sit alone in a bare trust which is very attractive. The building offers excellent carefree income with very few expenses and a estimated 3% capitalization rate, a real gem and a rare offering!
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
12
# Storeys:
3.0
Year built:
1958 (Age: 60)
Land Use/Zoning:
RM-4
Taxes:
$7,372.95 / 2017
HVAC:
Electric
Env Assmt Phase:
Phase/Stage 1
Net Operating Income:
$204,648
  • Photo 1: 117 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8019568
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  • Photo 3: 117 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8019568
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  • Photo 4: 117 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8019568
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  • Photo 5: 117 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8019568
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  • Photo 8: 117 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East)  : MLS®# C8019568
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Listed by Mario Felicella PREC* of Sutton Group-West Coast Realty
Listing information last updated on September 4, 2018 at 11:05 PM (UTC)