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195 W 12TH AVENUE

Triplex For Sale in Mount Pleasant VW, Vancouver West

$4,498,000
  • 6 Beds
  • 5 Baths
  • 2,917 Sq. Ft.
  • Built 1921
CASH COW says moo-moo-mooney! INVESTOR ALERT! Rare opportunity to own a CORNER LOT 50 x 112 in the highly sought after Mt. Pleasant west neighbourhood. Situated within the Broadway plan, this property has great outlook for multiplex development or assembly for major high-rise redevelopment. Or simply sit on this gold mine & flip the property in the future, while generating massive gross rent of $135,600+ /year! Consider AirBnB options and put this cash cow on steroids. By being so close to Cambie/Broadway commercial retails, services, Canada line station and VGH, this property is always in demand. Very well kept building with excellent tenants. Extensive renovations in 2017 & further improvements in 2020. Classified as a Multi-family conversion with 4 meters & 3 addresses.
Address 195 W 12TH AVENUE
List Price $4,498,000
Property Type Multifamily
Type of Dwelling Triplex
Style of Home 2 Storey w/Bsmt.
Area Vancouver West
Sub-Area Mount Pleasant VW
Bedrooms 6
Bathrooms 5
Floor Area 2,917 Sq. Ft.
Lot Size 5600 Sq. Ft.
Year Built 1921
MLS® Number R2928943
Listing Brokerage RE/MAX City Realty
Basement Area Full, Fully Finished, Separate Entry
Postal Code V5Y 1T6
Zoning RES
Tax Amount $10,121
Tax Year 2024
Site Influences Central Location, Lane Access, Paved Road, Private Yard, Recreation Nearby, Shopping Nearby
Features Clothes Washer/Dryer, ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Freezer, Garage Door Opener, Microwave, Pantry, Range Top, Refrigerator, Smoke Alarm
Amenities Garden, In Suite Laundry, Shared Laundry, Storage

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Bernie Doyle

Remax Crest Realty

1195 West Broadway 3rd floor Vancouver BC V6H 3X5

Office: 604-727-3421

Toll Free: 800-668-3369

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