Invest with Success

524 E 11th Avenue, Vancouver MLS®: R2262929

$2,388,000
8 Beds
3 Baths
2,972 Sqft
4,025 Lot SqFt
1912 Built


INVESTOR ALERT in trendy Mount Pleasant on a beautiful tree lined and quiet street. An amazing opportunity to generate $81,000 per year ($6,750 per month) in revenue at a cap rate of 3.4% and your tenants pay their own utilities. Nearly 3,000 sqft in size with 8 bedrooms and 3 bathrooms. Property has been upgraded with modern kitchens, bathrooms and flooring. Home sits on 33 x 122 RT 5 zoned duplex and is ideal for holding or building opportunity for your future home. Fenced back yard perfect for enjoying warm summer nights & 2 vehicle carport. Steps to the best restaurants & shopping on Main St, walking distance to public transit, & minutes to downtown. Open House Sat May 05, 2:00 - 4:00 or by private viewing with 24 hours notice.
Taxes (2017): $5,445.96
Features
  • ClthWsh
  • Dryr
  • Frdg
  • Stve
  • DW
Site Influences
  • Central Location
  • Lane Access
  • Private Yard
  • Recreation Nearby
  • Shopping Nearby

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MLS Reciprocity

Listed By: Oakwyn Realty Downtown Ltd. / Oakwyn Realty Ltd.

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.