$4,150,000

1923 PARKER STREET

Vancouver BC V5L 2L2 - Grandview Woodland
9 bd
9 ba
6,216 sqft
Built 1965

About This Property

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.

Features

Storage
Balcony
Open
Rear Access

Property Details

MLS NumberR3060359
Property TypeOther
Bedrooms9
Bathrooms9
Square Feet6,216
Lot Size6,100 sqft
Year Built1965
HeatingBaseboard, Hot Water
Days on Market152
StatusActive
Listed ByStilhavn Real Estate Services

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