Stucco exterior featuring an arched covered porch, wood-framed elevated deck, gabled roofline, and leaded glass window detailing
$2,758,000
MLS® R3176193
10
Bedrooms
6
Bathrooms
4,335
Sq Ft
Prime investment opportunity in the heart of Vancouver’s highly coveted Broadway Corridor. This exceptional multiplex property at 236 W 12th Avenue features 9 tenanted rental units, delivering substantial, immediate cash flow with estimated rent over $9000 per month. Positioned strategically within the City of Vancouver Broadway Plan, this asset represents a goldmine for forward-thinking investors, multi-family landlords, and developers looking to secure a high-yield property with future high-density assembly and redevelopment potential. For builders and developers, this is an elite land-banking play. Hold the asset, enjoy the lucrative monthly cash flow, and plan your next landmark project under the city's aggressive densification policies designed around the rapid transit corridor.
Listed by Nick Lee PREC*, Royal Regal Realty Ltd.
Request a showing or ask us any questions about this listing.
Call Us Directly
(778) 665-6888
