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New property listed in Mount Pleasant VE, Vancouver East

Property listed at 1244 8TH AVE E in Vancouver.
Big, legal 4-plex on a high, view lot close to new VCC, Emily Carr & high tech dist. 3700 sq ft blding in 1st class condition, with many more updates in past 4 yrs to int & ext. Each suite self contained/self sufficient, w/sep. elec meters,h/w tanks, entrances, patios & decks. Top 1bdrm w/front & rear deck, fabulous views; 2nd 2 bdrm, huge deck, great views; Main 2 bdrm + den, deck, views; Ground 3 bdrm, 2 bath, private ent & patio. Current inc = $5,675/mo or $68,100/yr: Net inc approx $58,000: Cap Rate 4.8%. Landscaped new front garden & gazebo; rear paved 4 car pkg w/iron fence & gate. This is a 1st class investment & the suites are good for owner occ, shared owners. All meas approx. Shwngs w/24 hrs notice Wed/Sat aft. Call LS
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