1569 E 12th Avenue, Vancouver
Prime East Vancouver location with potential for development or land assembly! Steps from Commercial Drive and a short walk to Commercial-Broadway SkyTrain Station! This 6 bed / 3 bath home features two bedrooms and a bathroom on each floor including a two bedroom suite downstairs. A private fully fenced backyard with a 1 car secured garage and 2 additional open parking spaces. Rezoning and land assembly potential for up to 6-storey apartments with 4 or more lots in-a-row assembled under the Grandview Woodland Community Plan. Currently an RT-5N zoned lot which provides tremendous versatility and higher density than RS-1. Tenanted property presently earning a huge $5,100/month in revenue. Buy and hold, renovate or build. Great investment property in a highly sought after neighbourhood!
Taxes (2021): $5,713.97