RE/MAX Real Estate Services Blog
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Fraser VE, Vancouver East
Property by us at 3255 - 3265 ST CATHERINES ST in Vancouver.
Fully renovated 4-plex earning over $79,000/year from 2-2 level, 3 bdrm units, 2-2 bdrm units, plus parking rental to a neighbour business & separate garage rental. It sounds complicated, but this a very simple, very clean, easilymanaged rental property that will pay outstanding returns to an investor. Expenses are very low as there is absolutely no deferred maintenance, and residential tenants pay utilities. The large lot is irregular, but may have future re-zoning potential, and property is located in a good neighborhood, so this could be great for owner occupiers. Ask how buyer can achieve over 6% cash on cash & 12% annual return! Showings are limited, no sign. Contact LS for info. All meas approx. |