840 E 16th Avenue, Vancouver
Rare opportunity to acquire an apartment style, three level multifamily located in prime Mt.Pleasant. Each floor consists of a spacious 1032 square foot,2 bedroom,1 bathroom unit with its own washer/dryer, hot water tank, furnace & meter. Can be sold with Development Permit in place for new three unit Strata Development. Each unit approx. 1500 square feet with 3 bedrooms & 3.5 baths. Lots of possibilities; hold as an income property (potential income $8000/month),or live in & subsidize the mortgage payments from the 2 other suites or redevelop quickly as DP can be in place for closing. 5837 square foot RT-5 lot with fully fenced sunny south facing backyard and double garage.Great location in the Charles Dickens Catchment on the quiet part of 16th Ave,steps to restaurants, cafes & shopping.
Taxes (2021): $4,450.00