1923 PARKER STREET
Vancouver, British Columbia
MLS® C8077704
$3,980,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- C8077704
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1958
1 / 41Listing description
Exceptional investment opportunity in the heart of East Vancouver's sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The building has has major mechanical upgrades and units have all been recently and tastefully updated, including flooring, kitchens and bathrooms.
Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul's Hospital.
This is a fantastic, turnkey revenue property with a solid cap rate in one of the city's most popular, high demand areas.
Property summary
- MLS® number
- C8077704
- Property type
- Multi-family
- Square footage
- 6,212 sq ft
- Land size
- 6100 square feet
- Built in
- 1958
- Annual property taxes
- $11,443.00
- Days on market
- 141 days
What would this home cost you?
Based on the $3,980,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Stilhavn Real Estate Services, Vancouver.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.