1420 NAPIER STREET

1420 Napier Street, Vancouver, V5L 2M5

MLS® Number

R2413130

Property Type

Multifamily

Main Location

Vancouver East

Bedrooms

16

Half Bathrooms

Half Bathrooms

Total Square Footage

1,259 SqFt

Title to Land

Freehold NonStrata

Tax Amount

12664.29

Listing Price

$4,499,900

Type of Dwelling

Other

Sub Location

Grandview Woodland

Total Bathrooms

7

Property Age

107

Storeys in Building

4

Number of Levels

3

Year Built

1912

Tax Year

2019

Property Description

Hello investors ?? This is a very rare and unique opportunity to own 6 income generating townhomes sitting pretty on a corner lot in East Van. Close to Commercial drive with insane long term potential. Deals like this don't come up often. Priced below assessed value with a CAP RATE of 3.78%, Net Operating Income of $165,000. Total income for 2018 was $192,954. Great tenants already in place. The lot has serious holding potential being 88 feet wide by 32 feet deep and on the corner of Napier and McLean. Lots of upgrades over the years. New Windows last year. Supporting documents available upon request.

Property Location

Listing Courtesy of

Keller Williams Elite Realty

Listing information last updated: Thu Jan 02 2020 10:17:58 GMT+0000 (Coordinated Universal Time)

Copyright 2018 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, and BC Northern Real Estate Board. All Rights Reserved. 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.

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Office:     (604) 542-2444

Email:      chris@chrisingram.ca

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