RE/MAX Real Estate Services BlogProperty by us at 2636 YUKON ST in Vancouver.
Rare 8 Suite Licensed Apartment Building in Prime Location, across from City Hall & walking distance to Cambie Street & West Broadway Shops, Transportation, Skytrain, and just minutes to Downtown and Airport. All Self Contained Suites w Gas & Hydro Meters, storage lockers, bike lockers & doorbell, separate manager office. Bldg is in good condition, with approx 5350 SF on 4 levels containing 2 X 2 Bdrm, 4 X 1 Bdrm and 2 Studio Suites. All Units have hard wired smoke detectors, some with vaulted ceilings, views, decks. Gross income/yr currently $133,332 (incl parking & laundry) with expenses approx. $26,000/yr for a Net Income $107,332/yr, Cap Rate 3.7% with upside. This is a great investment, easy to manage, stable quality tenancies in an amazing location. Contact LS for info pkg, viewings & all Details. SF approx, buyer to verify if important. This Showing Wed Feb 27 at 3:00pm gone by 4:00pm IS NOW CANCELLED. |