524 East 11th Avenue, Vancouver
VANCOUVER CITY, Mount Pleasant VE
SOLD $2,388,000- 7 BED
- 2,972 Sq ft
- House/Single Family
- Address: 524 East 11th Avenue, Vancouver
- Postal Code: V5T 2C9
- Listed By: Macdonald Commercial Real Estate Services Ltd.
- Year Built: 1912
- Parking: 2
- Tax: $6,528
- Tax Year: 2019
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Features:
Opportunity Highlights:
- Mt. Pleasant Revenue Property
- Fully renovated Interior (New Kitchens, New Bathrooms, New Flooring, New Water Tanks)
- Stainless Steel Appliances
- Short walk to Kingsway, East Broadway and Fraser Street
Renovated Triplex In Mount Pleasant. Opportunity to acquire a value-add Mount Pleasant revenue property in one of the hottest neighborhoods in Vancouver. Income Generating Property Cap Rate 3.3%. The property is in a prime Mount Pleasant location, steps away from Florence Nightingale Elementary, Robson Park, Kingsway and East Broadway. Although centrally-located, the property is on a quiet street that provides ample privacy.
With rental housing continuing to be in extreme demand in sought-after neighborhoods, such ingredients will provide investment success.
Suite Mix Breakdown:
1 x 3 Bedrooms and 2 x 2 Bedrooms
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