195 W 12 Avenue, Vancouver

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MLS®: R3089718

$3,880,000

2917 Sq.Ft. 5 Baths 6 Beds 5,600 Lot SqFt 1921 Built $0.00 Maint. fees

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Description

INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Prime location - situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Also consider AirBnB options! By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.

Taxes (2025): $11,900.70