AMAZING OPPORTUNITY! This well maintained 22 UNITS STRATA BUILDING offers 20-one-bedroom units and 2-two-bedrooms units. All with their own legal description. There are only two owners, one owner owns 11 units and the other owns the other 11 units. European built in the 1980's, first time to market. This site is situated in the Commercial Drive Station Plan that can propose huge density and development upside. Ideal to keep as a rental and increase rents, renovate and sell off individual units or buy hold and develop in the future. There are many options. The rents are well under market, huge upside. (id:4069)
Address
1603 E BROADWAY
List Price
$8,900,000
Property Type
Multi-family
Area
British Columbia
Sub-Area
Vancouver
Floor Area
12,078 Sq. Ft.
Year Built
1982
MLS® Number
C8066596
Listing Brokerage
Sutton Group-West Coast Realty
| Rennie & Associates Realty Ltd.
Postal Code
V5N1V9
Zoning
RM-4 DD
Schools
6 public & 6 Catholic schools serve this home. Of these, 5 have catchments. There are 2 private schools nearby.
Parks & Rec
4 playgrounds, 2 basketball courts and 4 other facilities are within a 20 min walk of this home.
Transit
Street transit stop less than a 2 min walk away. Rail transit stop less than 1 km away.
