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. Open house Sat May 2, 1:00 - 3:00 pm
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Josh Mulherin Vancouver Real Estate 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. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.
| 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 |