Property listed at 1534 VICTORIA DR in Vancouver East.
First Class Character legal Multiplex with Fabulous Income in the Heart of famous Commercial Drive. The 7 licensed suites all have separate electrical meters & pay for their own heat/light. Current rents are a bit below market, & generate $6335/mo, $76,020/yr w/Net Income of $63,000/yr = 3.97% cap rate, with real upside! All suites have dishwashers, many have decks or outside space, some have high ceilings, character elements, & all are very cool. There is a shared laundry, plus a large, steel storage unit at property rear. The house is well maintained and professionally managed - this is a turn-key opportunity for investors, even owner occupants. Shwing by appt; Thur Apr 9,6-7PM; Sat and Sun Apr 11 & 12, 1-2PM. Pls call LS for details, info pkg
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