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 |
Multifamily |
| Type of Dwelling |
Triplex |
| 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 |
R2928943 |
| 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 |
