$1,948,000
About this House
Investor opportunity in a prime residential area on a great block. This three-level property produces approx. $100K annual NOI with an estimated 5% cap rate, or live in the main unit and collect about $70K rent from other units. Income setup includes: $2,500 main unit (incl. garage), $2,100 upper (tenanted), plus $1,350, $1,000, and $900 units all rented, and $350 from the garage/workshop. Enjoy a top-floor deck with mountain views, shared coin laundry, bike storage, and a charming backyard. Ideally located near Commercial Drive, transit, shopping, and recreation.
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of The Valley Group for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R3102999
- Type: House
- Bedrooms: 5
- Bathrooms: 4
- Square Feet: 2,575 sqft
- Lot Size: 4,026 sqft
- Frontage: 33.00 ft
- Full Baths: 4
- Half Baths: 0
- Taxes: $9619.63
- Parking: Garage Double, Front Access, Lane Access (2)
- View: North shore and mountain
- Basement: Exterior Entry
- Storeys: 2 storeys
- Year Built: 1912
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (2223 E 8th Avenue, Grandview Woodland, Vancouver East), such as schools, parks & recreation centres and public transit.
This 3rd party neighbourhood widget is powered by HoodQ, and the accuracy is not guaranteed. Nearby amenities are subject to changes and closures. Buyer to verify all details.
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