Sold for $1,340,000

Sold 4plex at 1749 Charles St, Vancouver

$1,340,000

Sale Price

4

Apartment Units

1916

Year Built

4.14%

Cap Rate

Vancouver fourplex sold at 1749 Charles St.  Residential investment property 1/2 blk from Commercial Drive. Four income streams includes 3 rental suites & a 2-suite artist studio garage for annual NOI of $59,197. Listed at a 4.14% cap rate w/the opportunity to increase to 4.87% w/garage-laneway house conversion. Upstairs suite is a 3-bedroom loft featuring 16′ vaulted ceilings and stunning north shore views from the 250 sq ft deck.

This fourplex for sale features main level 2-bedroom suite has huge living area, separate dining area for entertaining and a private deck parking and permit street parking available. Garage contains 2 artists studios. Studio conversion in 2003 with permits (insulation, electric). Easily convert to laneway house for upside.

Location

1749 Charles Street
Vancouver, BC, V5L 2T6

Land Size
3,360 Sq Ft

Storeys
2