2452 2472-2492 Balsam Street, Vancouver Listing #: R3114362
$2,998,800
13 Beds
6 Baths
4,583 Sqft
5,750 Lot SqFt
1925 Built
EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $176,736 in gross annual income ($14,528/month) with an attractive ~5% cap rate, this is a rare high-performing asset. Situated at 2452, 2472 & 2492 Balsam Street on a 5,750 sq ft corner lot (50’ x 115’) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4,583 sq ft of living space, 13 bedrooms and 6 bathrooms. Five established tenancies provide stable cash flow with upside potential. Ideal for investors or long-term holding with future redevelopment potential. Ideal for investors, multi-family buyers, or those seeking a long-term holding property in a high-demand location with excellent income and future upside.
Taxes (2025): $15,575.40
Amenities
- Shopping Nearby
- Balcony
Features
- Washer
- Dryer
- Dishwasher
- Refrigerator
- Stove
- Window Coverings
Site Influences
- Shopping Nearby
- Balcony
- Central Location
- Lane Access
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Listed By: RE/MAX Crest Realty
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