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New property listed in Kitsilano, Vancouver West

Property Photo: 1805 W 13TH AV  in Vancouver
Property listed at 1805 W 13TH AV in Vancouver.
Excellent Lower Shaughnessy Character revenue house w/seven self-contained (4x1 bdrm, 2x bach, 1 x 1 bdrm + den) suites, the 4000 sq.ft. bldg generates approx $6900/mo or $83,000/yr income & has H/W floors, 3 fireplaces, 2 car garage, coinlaundry plus add'l parking on a 50'x125' RT-8 lot that has future development potential to 3 or 4 strata townhouses. Some of the rents are likely a bit below market, & expenses are approx $20,000/year. The property is in good condition w/great tenants, in a great neighbourhood. This is a 1st class investment opportunity with fabulous long term holding potential with lots of accommodation and great cash flow. All meas approx, to be verified. Showing by appt, Agents Open Nov 10, 10:30-12:30.
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