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New property listed in Kitsilano, Vancouver West

Property listed at 1865 12TH AVE W in Vancouver.
LOWER SHAUGHNESSY INVESTMENT MACHINE! Big Character Licensed Multi-Rental Building, well maintained, easy to manage in a great West Side neighbourhood. Gross Inc - $114,000/yr, approx $87,000/yr Net = a 4+% Cap Rate - with upside! Ownershave done many upgrades in past 10 yrs, incl. roof, chimneys, electrical, kitch, baths etc. Bldg in good condition & shows well,10 yr old dbl garage . BONUS: Clear Title Property: Sellers will offer 1st Mtg financing w/great terms to qualified Buyers, avoiding costly & frustrating mtg application. Worry free, low hassle property, 1st class location, superb income & a great opportunity for qualified investors. All Meas Approx. & to be verified. Allow time for viewings, Call LS for details
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