220 East 15th Avenue 1 Vancouver, BC V5T 2P9

Wow! Solid income producing investment property available on E.15th Avenue near Main Street. Within the Broadway Plan - Mount Pleasant South Apartment Area B, and Mount Pleasant Station Transit Oriented Development Area (TOA), excellent future development potential when combined with neighbouring properties. Entire Property (+95%) re-built between 2009 & 2010, total of 6 X 1 Bedroom + Den self contained units. Annual Gross income of approx. $135,345 and 3.31% return. The current under-market rents present a great potential for rental upside on the overall income revenue. Great income holding investment with future redevelopment potentials. (id:41440)