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1420-1430 Napier Street Vancouver, British Columbia V5L 2M5

$3,998,000

Calling all Savvy Investors!! This is an incredibly rare opportunity to own 6 income generating townhomes situated on a corner lot just steps to Commercial drive. This legal, 6 unit townhome complex has incredible long term holding potential and huge upside for additional revenue. All suites currently rented out to fantastic, long term tenants. The suites all feature 3 beds and most have large basement areas for further potential revenue streams. Some photos from earlier listing. The complex has many upgrades over the years including new windows & roof within the last 2 years. Total income in 2020 was $192,691.40 with an NOI of $160,200.40. CAP rate of 4%. Priced below assessed value. Supporting docs available upon request. Showings by appointment only (id:44538)

Property Details

MLS® Number C8040090
Property Type Multi-family

Building

Constructed Date 1912

Land

Acreage No
Size Irregular 2816
Size Total 2816 Sqft
Size Total Text 2816 Sqft
Zoning Description Rm-4

https://www.realtor.ca/real-estate/23608193/1420-1430-napier-street-vancouver

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