Charming character cash machine earning almost $90,000 per year with a cap rate of 3.8%. Legal duplex of over 3,600 sqft on a 33 X 122 ft lot. There is development potential in the RT5 zoning that allows for an infill. Original heritage details throughout such as wainscotting, light fixtures, tiles, and stained glass. Single car garage plus 2 open parking. Coin operated laundry. Nothing beats this sweet spot close to trendy Savio Volpe, Sal y Limon, Les Faux Bourgeois, Matchstick cafe & Robson & McAuley Parks. Main Street and public transit are just steps away. Opportunity abounds....Live in one suite and collect rent from the rest, shared ownership or just hold it as a turn key revenue property. Call LS for information package and floor plan. View by appointment only with 2 days notice.
Address
741 E 11TH AVENUE
List Price
$1,699,000
Sold Date
27/07/2019
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
3 Storey
Area
Vancouver East
Sub-Area
Mount Pleasant VE
Bedrooms
6
Bathrooms
5
Floor Area
3,777 Sq. Ft.
Lot Size
4026 Sq. Ft.
Year Built
1912
MLS® Number
R2374495
Listing Brokerage
RE/MAX Select Realty
Basement Area
Full
Postal Code
V5T 2E4
Tax Amount
$6,067.00
Tax Year
2018
Features
ClthWsh/Dryr/Frdg/Stve/DW