RE/MAX Real Estate Services BlogProperty listed at 224 11TH AVE W in Vancouver.
Call LS for info: Big, Multifamily property w/ great income on a quiet street 2 blocks to Vancouver City Hall. The 4000 sq ft building has 4 suites with inc pot over $100K/yr, & 4.5% Cap Rate! Top big 1 bdrm plus den (vac), 2nd floor 2 bdrm$1620/month, Main 3 bdrm (vac) & Bsmt 4 bdrm ($2640/month); parking $200/month, tenants pay utilities. 50'x125' RT-6 South lot is excellent for re-development w/pot for a 3 unit, plus coach-house, strata townhouse project. House is in good condition w/ recent updating, character features, 4 elec metters, & more. Great for investors, & also good for owner occupiers. Collect fantastic cash flow & hold a great property for re-development in years to come. All Meas approx, to be verified. |