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Est. payment /mo
Active
1923 Parker ST Vancouver, BC V5L 2L2
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8077704
Year Built 1958
Annual Tax Amount $11,443
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type Multi Family
Property 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.
Location
State BC
Community Grandview Woodland
Area Vancouver East
Zoning RT5
Exterior
Water Access Desc Public
Total Parking Spaces 5
Building
Story 3
Sewer Public Sewer
Water Public
Others
Ownership Freehold
Virtual Tour https://www.youtube.com/watch?v=wBNjrwzG97U