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2464 W 1ST AVENUE, Vancouver

MLS® #C8071142
About this Property

Kitsilano Beach 11 unit walk up apartment building including Penthouse, only 2 blocks from Kits Beach and Pool. Panoramic views of the beach, mountains and city from the upper units and the Penthouse. 5 units including the Penthouse are presently untenanted, allowing you to choose your own tenants at current market rents. Potential 4% + CAP rate. This location is extremely desirable to renters and the ongoing expenses to you will be minimal. Well maintained. Units boast newer cabinets, double glazed vinyl windows (2012) with blinds, hardwood floors, modern fixtures and balconies. 4 parking spots off the back lane. Boiler replaced in 2010, Roof 2012, exterior paint 2023. Part of the rooftop is a shared deck for the tenants. Some of the units come furnished. One bedroom Penthouse with private deck (vacant), one bedroom and large den (vacant), three one bedrooms (vacant) and six one bedroom apartments rented. Earn a decent return now with huge potential in the future. (id:62865)

Property Information

Status

Active

Year Built

1957

Annual Tax

$13,392

Tax Year

2025

Data Source

Greater Vancouver REALTORS®

Interior Details

Living Area

8700 square feet

Exterior & Lot

Lot Size

6000.0 sqft

Building & Utilities

Utilities

Natural GasElectricity

$5,238,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
8700sqft
Listing Courtesy of

Office

Rennie & Associates Realty Ltd.

Mortgage Calculator
$1,047,600

Loan Amount:

$4,190,400

Estimated Monthly Payment:

$20,420

This is an estimate for informational purposes only. Consult with a financial advisor.