1923 Parker St, Vancouver, BC V5L 2L2

$3,980,000
9
BD
9
BA
6,216
SqFt

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List Price
$3,980,000
Status
ACTIVE
MLS® #
R3109349
Price Change
▼ $118,000 1783991335
Year Built
1965
Subtype
Other
Stories
3
Bedrooms
9
Total baths
9
Living Area
6,216
Area
Vancouver East
Community
Grandview Woodland

Property Description

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.

Additional Information

Lot Size
6,100
Levels
Three Or More
Acres
0.14
Parking Spaces
5
Exterior Features
Balcony
Region
Vancouver East
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.