A perfect investment property with the potential of a triplex building lot. Featuring a side by side duplex, effectively a 4plex building with 3 beds upstairs & 2 bathrooms on each side. The main floor offers 2 bedroom suite on each side. This property is walking distance to vibrant Lower Lonsdale, offers nice views and recent updates to both sides. Currently rented for approximately $69,600 annually with the potential of $80,400 annually. 50x120 ft lot with preliminary plans, surveys included for the rezoning application. All inquiries to be made at the city of North Vancouver.
| Address | 246 W 5th Street |
| List Price | $2,475,000 |
| Sold Price | $2,450,000 |
| Sold Date | 25/05/2016 |
| Property Type | Multifamily |
| Type of Dwelling | Duplex |
| Area | North Vancouver |
| Sub-Area | Lower Lonsdale |
| Bedrooms | 10 |
| Bathrooms | 6 |
| Floor Area | 4,030 Sq. Ft. |
| Year Built | 1977 |
| MLS® Number | R2073089 |