About 195 W 12th Avenue
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.
Property Details of 195 W 12th Avenue
Price | $3,999,000 |
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Year Built | 1921 |
Type | Residential Detached |
Sub-Type | House/Single Family |
Style | 2 Storey w/Bsmt. |
Floor Levels | 1 |
Total Size | 2,917 sqft |
Bedrooms | 6 |
Full Baths | 5 |
Heating | Natural Gas, Baseboard, Hot Water |
Title to Land | Freehold NonStrata |
Property Taxes | $10,121 |
Amenities and Features
Parking Type | Carport & Garage, DetachedGrge/Carport, Garage; Single |
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Parking Total | 4 |
Amenities | Garden, In Suite Laundry, Shared Laundry, Storage |
Features | Clothes Washer/Dryer/Fridge/Stove/DW, Drapes/Window Coverings, Clothes Washer/Dryer, Freezer, Garage Door Opener, Microwave, Pantry, Range Top, Refrigerator, Smoke Alarm |
Site Influences | Central Location, Recreation Nearby, Shopping Nearby, Lane Access, Paved Road, Private Yard |
Lot Size
Lot Area | 5,600 |
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Frontage | 50 |
Depth | 112 |
Listing Details
MLS® # | R2928942 |
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Status | Active |
Listing Date | September 20th, 2024 |
Address | 195 W 12th Avenue |
Subdivision | Mount Pleasant VW |
Area | Vancouver West |
Province | BC |
Listing Office | RE/MAX City Realty |