1420-1430 Napier Street, Vancouver Listing #: R2615152

$3,998,000
21 Beds
7 Baths
7,670 Sqft
2,816 Lot SqFt
1912 Built


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
Taxes (2021): $13,260.10
Amenities
  • In Suite Laundry
  • Storage
  • Workshop Attached
Features
  • Clothes Washer
  • Dryer
  • Refrigerator
  • Stove
Site Influences
  • Central Location
  • Recreation Nearby
  • Shopping Nearby

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MLS Reciprocity

Listed By: Sutton Group-West Coast Realty

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