Property listed at 261 W 18TH AV in Vancouver.
Large, character Multi-plex in a prime Cambie neighborhood. Top: 3 housekeeping units @ $475/$450/$450 = $1375; Main: large, 2 bdrm ste @ $1100; Bsmt: 2 bdrm ste @ $975; Large 2 car garage rented @ $340 = $3790/mo or $45,480/yr total. Rents are below market, all units legal. Top flr could easily be re-configured into a large 2 bdrm ste w/higher rental than current. The house is in good mechanical, electrical, plumbing condition, with little or no deferred maintenance. It could be a very easy care investment, or could easily be converted back into a large character single family house, with legal bsmt ste. Great opportunity for investors, owner occupiers or shared ownership in one of the Westside's best neighbourhoods.
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