Property listed at 1727 GRANT ST in Vancouver.
Big Character Licensed Multi-Rental Bldg, well maintained, easy to manage, in the heart of Commercial Drive. Income is just over $72,000/yr (approx $58,000/yr Net) = a 4.3% Cap rate, with great upside. Big corner RT-5 lot (development pot)w/6 open parking. Ground Floor (8' ceiling), has approx. 780 sq.ft. of unfin area for future development; floor layout is ideal to combine/alter the units to create fewer, all s/c suites, with higher rents (call LS re floor plans). BONUS: Clear Title: Sellers may offer 1st Mtg w/great terms to qualified Buyers, Worry free property, superb location, great income-a rare opportunity for investors & owner occupiers. All Meas Approx. Viewings by appt Wed & Sat between Noon & 4 PM w/notice please.
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