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New property listed in Kitsilano, Vancouver West

Property Photo: 1957 1ST AVE W in Vancouver
Property listed at 1957 1ST AVE W in Vancouver.
Kitsilano 4 level multi suite home in great condition, just steps from Kits Beach, shops, & restaurants. Currenty fully rented, the house has been extensively updated w/new plumbing, wiring, baths, kitchens, roof, windows, exteriors & more.Location is prime, maintenance is low & suites are modern, bright & clean w/great tenants generating a fabulous income of $6,700/mo or $80,400/yr w/approx $13,500/yr expenses = Net Inc. of approx $66,900/yr & a Cap Rate of 3.95% on List Price. This is a worry free, high cash flow investment & the house is great for owner occupiers, extended families etc. The RM-4 multi-family zoning provides long term redevelopment potential. Call LS for details, please allow 48 hrs notice to view. All Meas app
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