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195 W 12th Avenue, Vancouver
Description
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.
Taxes (2024): $10,120.70