Vancouver, BC V6H2T3 2525 BIRCH STREET

Investor Alert! Prime Broadway subway location! Huge re-development potential on the new OCP up to 20 stories with 6.5 FSR! Current mint condition 17-Suite/ 4-stories apartment building situated in the prestigious Fairview Neighbourhood, nearly complete updated in 2013 w/new building envelope & siding, window, sliders, balconies & railings, new roof and was fully re-piped minimizing future capital expenditures. Gross income over $360,000, young professional tenants w/ healthy turnover rate. Located between Granville & VGH stations, 5-min drive to Downtown Vancouver and an excellent cross section of amenities and services along the Granville Retail corridor ensuring the property continues to attract and retain quality tenants and drive rents. (id:7434)