Property listed at 1534 VICTORIA DR in Vancouver.
First Class Character legal Multiplex with Fabulous Income in the Heart of famous Commercial Drive. The 7 licensed suites all have separate elec meters & pay for own heat/light. Current rents (bit below market) generate $6335/mo, $76,020/yrw/Net Income of $63,000/yr = 3.97% cap rate, with real upside! 6 suites have dishwashers, many have decks or outside space, some w/high ceilings & all are very cool. There is a shared laundry, separate, secure bike 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, Sun Apr 11 & 12 , 1-2PM. Pls call LS for details, info pkg
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