$1,948,000
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 18, 2:00 - 4:00 pm
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Julia Freeman 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.
| 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 |
