SAVVY. INCOME. POTENTIAL.
Neighbourhood: Commercial Drive
Admittedly this is not the most design savvy property we have ever put up on the market. However, we're not only savvy with design here at Blu, we are also savvy with investment properties and this East Van bungalow has loads of potential for some serious returns. This is what Neal has to say about the property:
RT5 Duplex Lot – 33’x122’ Flat Corner Duplex lot with a Sunny South facing yard.
This home offers countless possibilities and potential in the prime Commercial Drive neighbourhood. Take advantage of the hot market and build instant sweat equity for you and your family. 1856 East 1st offers a flexible floor plan, the main level has 9’ ceilings, 2 bedrooms, lots of light, fir floors, eat in kitchen and plenty of character and charm. The unfinished attic has 9’10" pitched ceiling height and potential to convert to living space. The full height basement has separate entrance and is currently set up as a 2 bedroom suite or can easily be converted to a 1 bedroom with extra living space/bedroom for the main house. Bonus 1 bedroom coach house at 1858 East 1st Ave. You have many opportunities to make this a great income producing property. Don’t pay for another person’s renovation when you can make this home your own.
One of the most sought after and convenient places to live with schools, recreation centres, parks & transit only minutes away. You’re steps to the heart of The Drive!
This property is no longer an active listing. Asking price was $1,275,000
For more information about this property contact
Neal Uchida at 604.808.8801