1622 E 1ST AVE | Grandview | Vancouver BC
8 BEDS | 3 BATHS | 2440 SQFT
Investors alert in prime and vibrant Commercial Drive area. This property brings in $55,800 per year and nets around 3% cap rate. The RM-4N zoning offers great opportunity for new development and is in line for new RM6 zoning in near future, which offers 2.4 FSR and 6 storeys potential. The property has a newer roof, furnace, HWT and is always fully rented. Great holding property with future potential development. Call today to get more information.
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