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1850 E 1st Avenue, Vancouver
Description
Welcome to The Drive in the Grandview/Woodland area of East Vancouver. This vibrant neighbourhood is highly desirable and this 6 bedroom home is located only 1 block from Commercial Drive cafes, local grocers, & restaurants (99 walk score)! 2 spacious suites with 3 bedrooms up & 3 bedrooms down (easy to convert back to a single family dwelling). The upper suite is painted, vacant & ready for you to move-in, rent or renovate (recently rented for $3k/mos.). Rental income $2950/mo from garden tenants & storage rental. New HWT, updated roof, 2 sets of w/d, a south facing yard, large garden area with fruit trees and enclosed upper deck. Development potential for 8 storey building; buy to rent, hold / develop.10 min walk to Skytrain, 1/2 block to bus, close to parks, amenities & many Schools.
Taxes (2024): $6,753.54
