Property by us at 1162 ROSE ST in Vancouver.
Behind an impressive granite fence is this big 4 level Heritage "B" house divided into 5 legal rental units. The owner lives in the top floor suite, which has its own furnace, HW tank & laundry hookups, 3 opening skylights & a view rooftopdeck. Over the years he has stripped & replaced the roof, upgraded the wiring & electric panel, replaced the main house furnace, HW tank & installed 2 new kitchens & bathrooms, more of course can still be done. The high basement has a 1 B/R suite, coin op washer/dryer & storage lockers for each unit. The main floor is a 1 B/R + den suite with 5 stained glass windows & the 2nd floor has 2 bachelor suites sharing a bathroom. Gross income approx $60,240, net income $46,245.
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