1923 PARKER STREET

Exceptional investment opportunity in the heart of East Vancouver´s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul´s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city´s most popular, high demand areas.

Type

House, Single Family

Bedrooms

9

Bathrooms

9

Living area

6,216 sq ft

Lot

6,100 sq ft

Parking

5

Year built

1965

Property tax

$11,443 / yr

Days on market

181

MLS®

R3109349