Excellent Mount Pleasant Big Character 5 Unit Revenue Property containing 1X (large) 1 Bdrm, 2 X Studios & 1 Loft Studio Suites. 4 Level 2950 SF Building. Character features include high ceilings, wood floors, decks & views, big rear yard w open parking for 3 cars. Professionally managed, with good long term Tenants, rents have terrific upside. 33’x122’ North-West Corner RT-5 lot in Fabulous quiet prime location, close to transit, E Broadway shopping, restaurants, minutes to Down Town, The Drive, UBC. Exceptional Opportunity, great for Investors, Owner Occupiers, Renovators, Developer. All Showings by Appointment Only with 2 day notice, COVID rules, all Masked. Contact LS to book Appointment & for Info Pkg, Floor Plan, Details. Showing Monday Oct 11th @ 1:00pm - 1:45pm by Appointment Only., Here is information on Bob's New Listing at 977 East 11th Ave Vancouver, located in the Heart of a lovely Mount Pleasant neighbourhood. This is a Big Character 5 Unit Income Property, on a Corner 33'X122' RT-5 Lot. The 2944 SF, 4 level Building contains 5 Self Contained Units: 1 X 2 Bdrm, 1 X (large) 1 Bdrm, 2 X Studios, & 1 Loft Jr 1 Bdrm. The property is professionally managed with good long term Tenants, has Character features including high ceilings & wood floors, decks & some great views. There is a nice fenced rear yard, gardens & open parking for 3 Cars. The Gross Income of $68,200/yr is well below market with tremendous future Rental Upside, (market Gross Income likely $86,000 to $90,000/yr). Fantastic location, close to transportation, East Broadway restaurants, shopping, mins to Downtown, the "Drive", UBC and Vancouver Community College. It is also close to, and stands to benefit from the new Sky Train Underground Metro line expansion currently under construction. This is a great Investment property with terrific upside, in an area of high rental demand. It is also perfect for Owner Occupiers & Shared Ownership wanting Mortgage help; and for Investors, Renovators/Developers wishing to add value.
Showing by Appointment Only, COVID rules, Masks required, min 2 Day Notice.Please contact Bob Bracken 604-220-2035 for Showings, Info Pkg, all Details. Asking Price $1,798,000. Showing Mon Oct 11th @ 1:00pm gone by 1:45pm by scheduled Appointment MUST CONFIRM ATTENDANCE.
Price:
$1,798,000
Dwelling Type:
Single Family Residence
Property Type:
Residential
Bedrooms:
6
Bathrooms:
5.0
Year Built:
1910
Floor Area:
2,944 sq. ft.274 m2
Lot Size:
4,026 sq. ft.374 m2
MLS® Num:
R2620004
Status:
Sold
Floor
Type
Dimensions
Other
Main
Living Room
13'11"4.24 m
x
11'10"3.61 m
-
Main
Dining Room
8'6"2.59 m
x
6'4"1.93 m
-
Main
Kitchen
15'3"4.65 m
x
10'8"3.25 m
-
Main
Bedroom
11'11"3.63 m
x
11'10"3.61 m
-
Main
Mud Room
5'4"1.63 m
x
4'1.22 m
-
Main
Foyer
12'10"3.91 m
x
6'9"2.06 m
-
Above
Kitchen
10'8"3.25 m
x
10'7"3.23 m
-
Above
Bedroom
10'7"3.23 m
x
7'5"2.26 m
-
Above
Kitchen
13'2"4.01 m
x
9'8"2.95 m
-
Above
Bedroom
13'2"4.01 m
x
10'8"3.25 m
-
Abv Main 2
Kitchen
8'5"2.57 m
x
8'4"2.54 m
-
Abv Main 2
Eating Area
8'6"2.59 m
x
6'4"1.93 m
-
Abv Main 2
Bedroom
16'9"5.11 m
x
10'3"3.12 m
-
Below
Living Room
10'7"3.23 m
x
9'7"2.92 m
-
Below
Other
10'7"3.23 m
x
6'2"1.88 m
-
Below
Bedroom
13'11"4.24 m
x
10'9"3.28 m
-
Below
Bedroom
10'7"3.23 m
x
9'2.74 m
-
Below
Utility
15'9"4.80 m
x
10'9"3.28 m
-
Below
Laundry
8'8"2.64 m
x
5'5"1.65 m
-
Floor
Ensuite
Pieces
Other
Main
No
4
Above
No
4
Above
No
3
Abv Main 2
No
3
Below
No
3
Listed by RE/MAX Real Estate Services
Data was last updated July 16, 2025 at 04:10 AM (UTC)
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