$5,238,000

2464 W 1ST AVENUE

Vancouver, British Columbia V6K1G6

For sale
8700 sqft6000 sqft

Kitsilano Beach 11 unit walk up apartment building including Penthouse, only 2 blocks from Kits Beach and Pool. Panoramic views of the beach, mountains and city from the upper units and the Penthouse. 5 units including the Penthouse are presently untenanted, allowing you to choose your own tenants at current market rents. Potential 4% + CAP rate. This location is extremely desirable to renters and the ongoing expenses to you will be minimal. Well maintained. Units boast newer cabinets, double glazed vinyl windows (2012) with blinds, hardwood floors, modern fixtures and balconies. 4 parking spots off the back lane. Boiler replaced in 2010, Roof 2012, exterior paint 2023. Part of the rooftop is a shared deck for the tenants. Some of the units come furnished. One bedroom Penthouse with private deck (vacant), one bedroom and large den (vacant), three one bedrooms (vacant) and six one bedroom apartments rented. Earn a decent return now with huge potential in the future. (id:58554)

Overview

Property TypeMulti-family
TransactionFor sale
MLSยฎC8071142

Building

Interior Size8700 sqft
Year Built1957

Land & Parking

Lot Size6000 sqft
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Listing Agent

Ken Dixon

Ken Dixon

๐Ÿ“ž (604) 908-9014

๐ŸŒ http://www.kendixon.ca/

Brokerage

Rennie & Associates Realty Ltd.

#110 - 1650 West 1st Avenue

Vancouver, British Columbia V6J1G1

๐Ÿ“ž (604) 681-8898

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