First Class Character legal Multiplex with Fabulous Income in the Heart of famous Commercial Drive. The 7 licensed suites all have separate elec meters & pay for own heat/light. Current rents (bit below market) generate $6335/mo, $76,020/yrw/Net Income of $63,000/yr = 3.97% cap rate, with real upside! 6 suites have dishwashers, many have decks or outside space, some w/high ceilings & all are very cool. There is a shared laundry, separate, secure bike storage plus a large, steel storage unit at back. The house is well maintained & professionally managed, a turn-key opportunity for investors, good for owner occupants. Showings available by appointment, require 48 hrs notice. Please call LS for details, info pkg.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
