Big old Multi-Family house built in 1907 and licensed by the City for 7 rental units, also contains an unauthorized 3 bedroom basement suite. Long time tenants so some rents are low. Gross $66,840 Net $49,726. GRM 24.7 CAP rate 3.01%. Wiring partially updated with 200 amp breakers and buried oil tank recently removed. A good single garage could be rented for more income. Upgrading of the building will generate higher rents. Please click on Link for details.
Listed by RE/MAX David Campbell Realty and RE/MAX Bill Goold Realty
Data was last updated April 18, 2024 at 09:10 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.