1420-1430 NAPIER STREET

Other For Sale in Grandview Woodland, Vancouver East

$3,998,000
  • 21 Beds
  • 7 Baths
  • 7,670 Sq. Ft.
  • Built 1912

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 appt only, Sun 12- 2pm
Address 1420-1430 NAPIER STREET
List Price $3,998,000
Property Type Multifamily
Type of Dwelling Other
Style of Home 3 Storey w/Bsmt
Area Vancouver East
Sub-Area Grandview Woodland
Bedrooms 21
Bathrooms 7
Floor Area 7,670 Sq. Ft.
Lot Size 2816 Sq. Ft.
Year Built 1912
MLS® Number R2615152
Listing Brokerage Sutton Group-West Coast Realty
Basement Area Full
Postal Code V5L 2M5
Zoning RM-4
Tax Amount $13,260.00
Tax Year 2021
Site Influences Central Location, Recreation Nearby, Shopping Nearby
Features Clothes Washer/Dryer, Refrigerator, Stove
Amenities In Suite Laundry, Storage, Workshop Attached

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Stonehouse Team

Sutton Group West Coast Realty

301 - 1508 W Broadway Vancouver BC V6J 1W8

Mobile: 604-714-1700

Office: 604 255 7575

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