Vancouver, British Columbia V6K3N1
$2,998,800
MLS® R3114362
13
Bedrooms
6
Bathrooms
4,583 square feet
Living Area
1925
Year Built
Single Family
Type
5,750 square feet
Lot Size
1
Parking
EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $176,736 in gross annual income ($14,528/month) with an attractive ~5% cap rate, this is a rare high-performing asset. Situated at 2452, 2472 & 2492 Balsam Street on a 5,750 square ft corner lot (50´ x 115´) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4,583 square ft of living space, 13 bedrooms and 6 bathrooms. Five established tenancies provide stable cash flow with upside potential. Ideal for investors or long-term holding with future redevelopment potential. Ideal for investors, multi-family buyers, or those seeking a long-term holding property in a high-demand location with excellent income and future upside. (id:65701)
Listed by
RE/MAX Crest Realty
Greater Vancouver
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