1420 Napier Street, Vancouver Listing #: R2413130
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
- In Suite Laundry
- Workshop Attached
- Clothes Washer
- Central Location
- Recreation Nearby
- Shopping Nearby
Listed By: Keller Williams Elite Realty
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