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1827 12th ave
Vancouver, BC V6J 2E7
Multifamily Property For Sale · 7 Units

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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 $714,286 CAD
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
  • Listing ID: 29147661

  • Date on Market: 2023-07-31

  • Last Updated:

  • Address: 1827 12th ave, Vancouver, BC V6J 2E7

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