1420 Napier Street

Price
$4,499,900

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1420 Napier Street | Other

Vancouver, BC CA V5L 2M5

Hello investors ?? This is a very rare and unique opportunity to own 6 income generating townhomes sitting pretty on a corner lot in East Van. Close to Commercial drive with insane long term potential. Deals like this don't come up often. Priced below assessed value with a CAP RATE of 3.78%, Net Operating Income of $165,000. Total income for 2018 was $192,954. Great tenants already in place. The lot has serious holding potential being 88 feet wide by 32 feet deep and on the corner of Napier and McLean. Lots of upgrades over the years. New windows last year. Supporting documents available upon request.
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List $4,499,900

MLS® NO R2413130

Type Other

Built In 1912

Living Area 1259 sqft

Bedrooms 16

Bathrooms 7

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Listing Provided By:
Keller Williams Elite Realty

MLS® Reciprocity
MLS Reciprocity

NOTE: This representation is based in whole or in part on data generated by the Greater Vancouver Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assume no responsibility for its accuracy.

General Info

Dwelling Type: Other
Year Built: 1912
Living Area: 1259 sq.ft.
Finished Levels: 3
Frontage: 88
Sub-Area / Community: Grandview Woodland
Lot Size: 2816 sq.ft.

Bedrooms: 16
Bathrooms: 7
Gross Taxes for 2018: $12664.29
Fireplaces: 0

Features

Clothes Washer/Dryer
Refrigerator
Stove

Site Influences

Central Location
Recreation Nearby
Shopping Nearby

Amenities

In Suite Laundry
Workshop Attached

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