About 1072 E 55th Avenue
South Vancouver Character 4 Unit Income Property on 33’x110’ South R1-1 Lot in quality neighbourhood of many Newer Homes. House 2922 SF 3 levels in good condition with updated Kitchens, Baths, Electrical. Good long term Tenants w no vacancies. Top 720 SF 1 Bdrm & Den, Main 123 SF 3 Bdrm, Down 700 SF 2 Bdrm & Den, Plus a 325 SF Studio Suite. There are 3 Gas Meters, 4 H/W Tanks, 4 Elec. Meters, Big Double Garage w sep bays & power (rented) & 1 Open Parking. Gr Inc $6,103/mo, $73,236/yr well below market. Potential Gr Inc $7,500/mo, $90,000, Cap Rate 4.8%. 1st Class Investment & Great Building Site for New Home w Laneway. Perfect for Owner Occupiers & Shared Ownership with lots of Mtg Help. Showings by Appt w 2 Day Notice. Call LS for Info Pkg, Floor Plan.
Property Details of 1072 E 55th Avenue
| Price | $1,668,000 |
|---|---|
| Year Built | 1910 |
| Stories in Building | 2 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Floor Levels | 2 |
| Main Floor | 1,123 sqft |
| Total Size | 2,922 sqft |
| Bedrooms | 7 |
| Full Baths | 4 |
| Heating | Electric, Hot Water, Natural Gas |
| Basement | Full, Finished, Exterior Entry |
| Title to Land | Freehold NonStrata |
| Property Taxes | $5,687 |
Amenities and Features
| Parking Type | Garage Double, Open, Lane Access, Rear Access |
|---|---|
| Parking Total | 3 |
Lot Size
| Lot Area | 110 |
|---|---|
| Frontage | 33 |
| Depth | 33 x |
Listing Details
| MLS® # | R3060348 |
|---|---|
| Status | Active |
| Listing Date | October 18th, 2025 |
| Address | 1072 E 55th Avenue |
| Subdivision | South Vancouver |
| Area | Vancouver East |
| Province | BC |
| Listing Office | RE/MAX Real Estate Services |