$1,948,000
About this Business
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. Tenanted units 48 Hours Notice. Open House Sun Mar, 29 2-4
Listed by Oakwyn Realty Ltd..
Browse PhotosView VideoFeatures
- MLS®: R3103008
- Type: Business
- 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
- Style: 3 Storey
Contact Brian to inquire about this Business!
778.829.1105
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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.