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 Sat Apr 11, 2:00 - 4:00 pm
Listed by Oakwyn Realty Ltd..
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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.
| Bedrooms: | 5 |
| Bathrooms: | 4 |
| Parking | Garage Double, Front Access, Lane Access (2) |
| Living Area: | 2,575 sqft |
| Lot Size | 4,026 sqft |
| Year Built | 1912 |
| Type | Business |
| Taxes | $9619.63 |
| MLS® | R3103008 |
| Full Baths | 4 |