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1827 12th ave
Vancouver, BC V6J 2E7
Multifamily Property For Sale
·
7 Units
EXECUTIVE SUMMARY
1827 W 12th, Vancouver, V6J 2E7, legal side by side duplex with 7 Licensed suites, fully leased at $130,000/year Gross and $100,000 Net. Great potential to assemble with the 2 neighbouring lots and build a 4 story purpose built rental building or strata building (call listing agent for more details) Property lies in the Broadway Corridor plan and is close to the new Broadway Sky-train Line (Arbutus and Broadway and Granville and Broadway) Room measurements are for the one side of the duplex. All measurements are approximate and need to be verified by the Buyer.
PROPERTY FACTS
| Price Per Unit | $518,609 USD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 2% | Lot Size | 0.17 AC |
| Sale Condition | Redevelopment Project | Building Size | 5,130 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | ||
| Zoning | R3-2 - Residential | ||
| Price Per Unit | $518,609 USD |
| Sale Type | Investment |
| Cap Rate | 2% |
| Sale Condition | Redevelopment Project |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,130 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | R3-2 - Residential |
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