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1420-1430 Napier Street Vancouver, British Columbia V5L 2M5

21 Bedroom 7 Bathroom 7670 sqft

$3,998,000

Calling all Savvy Investors!! This is an incredibly rare opportunity to own 6 income generating townhomes situated on a corner lot just steps to Commercial drive. This legal, 6 unit townhome complex has incredible long term holding potential and huge upside for additional revenue. All suites currently rented out to fantastic, long term tenants. The suites all feature 3 beds and most have large basement areas for further potential revenue streams. Some photos from earlier listing. The complex has many upgrades over the years including new windows & roof within the last 2 years. Total income in 2020 was $192,691.40 with an NOI of $160,200.40. CAP rate of 4%. Priced below assessed value. Supporting docs available upon request. Showings by appt only, Sun 12- 2pm (id:23508)

Property Details

MLS® Number R2615152
Property Type Single Family
Amenities Near By Recreation, Shopping
Features Central Location

Building

Bathroom Total 7
Bedrooms Total 21
Amenities Laundry - In Suite
Appliances Refrigerator, Stove
Basement Development Unknown
Basement Features Unknown
Basement Type Full (unknown)
Constructed Date 1912
Fireplace Present No
Size Interior 7670 Sqft

Land

Acreage No
Land Amenities Recreation, Shopping
Size Frontage 88 Ft
Size Irregular 2816
Size Total 2816 Sqft
Size Total Text 2816 Sqft

https://www.realtor.ca/real-estate/23606880/1420-1430-napier-street-vancouver

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