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137 E 16TH Avenue
Mount Pleasant VE Vancouver V5T 2T3

$3,300,000
Multi-Family Commercial

Main Photo: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 1: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 2: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 3: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 4: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 5: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 6: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 7: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 8: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 9: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 10: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 11: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 12: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 13: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 14: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 15: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 16: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 17: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 18: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 19: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 20: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 21: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 22: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 23: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 24: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 25: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 26: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 27: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Photo 28: 137 E 16TH Avenue in Vancouver: Mount Pleasant VE Multi-Family Commercial for sale in "137 E 16th Ave" (Vancouver East)  : MLS®# C8047731
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8047731
Build. Type:
Freestanding
Looking for a buy-and-hold opportunity? Look no further...TURN KEY, an 8-suite three-level building located in the amenity-rich neighborhood of Mount Pleasant. The property is located on a corner lot 42.5 x128 5440 sq ft and is part of the recently approved Broadway Zoning Plan. This multi-unit investment is extremely well managed with recent upgrades: new interior paint, updated flooring throughout common areas (2022), roof replaced (2005), exterior stucco (2021), electrical breaker (2022), balconies restored (2009) and various updates suite-to-suite. Location features excellent future growth and easy to manage makes this an excellent investment opportunities. Contact us for more information!
Sale Type:
Asset
Lease Type:
Gross
Construction:
Concrete, Wood Frame
Building Type:
Freestanding, Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Units:
8
# Other Units:
# of Appartments:
0
# of Studio Appartments:
2
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
5
# of 2 Bedroom Appartments:
1
# of 3 Bedroom Appartments:
0
# Storeys:
3.0
Year built:
1965 (Age: 57)
Total Floor Area:
4,000 sq. ft.
Lot Area:
5,440 sq. ft.
Land Use/Zoning:
RM-4N
Taxes:
$8,920.1 / 2022
Balconies, Laundry Facility
# Elevators:
0
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by Oakwyn Realty Ltd.
Data was last updated December 6, 2022 at 08:10 PM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.