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 |
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