1420 Napier Street, Vancouver
$4,499,900
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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.

Taxes (2019): $12,664.29

Amenities

In Suite Laundry Workshop Attached

Features

Clothes Washer Dryer Refrigerator Stove
MLS Reciprocity
Listed By: Keller Williams Elite Realty
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.