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2806 W 6th Avenue Vancouver, British Columbia V5Z 1Y5

$3,598,000

Description

This renovated 4-plex is situated in Kitsilano, one of the most highly sought-after neighbourhoods. The property consists of three legal suites and one separate one-bedroom unit, all of which are fully tenanted, providing immediate rental income. The property has been updated with modern features, making it an attractive option for potential tenants. It currently generates a yearly rental income of over $110,000, with ability to increase upon tenant vacancy. Additionally, the RT-7 zoning on the 5600 SQ FT corner lot, offers potential for future development opportunities, increasing its long-term value as an investment. The property's location in a desirable area with easy access to transit and amenities. For those looking to expand their real estate portfolio, come check it out! (id:53039)

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Property Details

MLS® Number R2773366
Property Type Single Family
Amenities Near By Recreation, Shopping
Features Central Location
Parking Space Total 3

Building

Bathroom Total 4
Bedrooms Total 7
Appliances All
Architectural Style Bungalow
Basement Development Finished
Basement Features Unknown
Basement Type Unknown (finished)
Constructed Date 1929
Construction Style Attachment Detached
Fireplace Present Yes
Fireplace Total 2
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 2699 Sqft
Type House

Land

Acreage No
Land Amenities Recreation, Shopping
Size Frontage 51 Ft
Size Irregular 5599.66
Size Total 5599.66 Sqft
Size Total Text 5599.66 Sqft

https://www.realtor.ca/real-estate/25534451/2806-w-6th-avenue-vancouver