1 220 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East) : MLS®# C8066852

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1 220 E 15TH Avenue
Mount Pleasant VE Vancouver V5T 2P9

$3,538,000
Multi-Family Commercial

Main Photo: 1 220 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East) : MLS®# C8066852
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8066852
Build. Type:
Freestanding
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.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Freestanding, Low Rise (2-4 stories), Residential Mix
# Units:
6
# of Apartments:
6
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
6
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
# Storeys:
3.0
Year built:
1920 (Age: 105)
Total Floor Area:
4,451 sq. ft.
Lot Area:
3,958.73 sq. ft.
Lot Depth:
122.07
Lot Frontage:
32'5"
Land Use/Zoning:
RM-4
Permitted Use:
Multifamily (5+)
Taxes:
$9,118.68 / 2024
Water Supply:
Municipal
HVAC:
Baseboard
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
  • Photo 1: 1 220 E 15TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale (Vancouver East) : MLS®# C8066852
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Listed by RE/MAX Real Estate Services
Data was last updated February 22, 2025 at 12:10 PM (UTC)
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