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New property listed in Knight, Vancouver East

Property listed at 3460 FLEMING ST in Vancouver.
Cedar Cottage Triplex! Two legal RT-10 lots (50' frontage)- with triplex sitting on one of the lots. Currently generating almost 50K (2.5% cap rate) per year in income with significant upside on rents. Lots of opportunities to generate income, redevelop, renovate or develop further. Please check with the City about potential development opportunities. Great neighbourhood, steps to Kingsway, Commercial Dr, Clark Park and Trout Lake for shopping, leisure and transit. Excellent investment or co-ownership opportunity. Contact LS to view. 48 hours notice required. Do not walk property or disturb tenants.