2223 8th Avenue, Vancouver, V6B 1A8

Home Overview

Description

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 April 25, 2:00 - 4:00 pm

32 days

On Market

House/Single Family

Property Type

$9,620 / Year

Est. Taxes

3 Storey w/Bsmt.,2 Storey

Style

-

Garage

Separate Entry

Basement