2223 E 8th Avenue
Vancouver
V6B 1A8
$1,948,000
MLS Number R3102999
Type: Single Family Residence
City: Vancouver
Community: Grandview Woodland
Bedrooms: 5
Bathrooms: 4
Square Feet: 2,575sqf
Lot Size: 4,026.00 sqf
Outdoor Space:
Total Parking: 2
Year Built: 1912
Listing courtesy of Oakwyn Realty Ltd.
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Property Description

Investor opportunity in a prime residential area on a great block. This three-level property produces approx. $100K annual NOI with an estimated 5% cap rate, or live in the main unit and collect about $70K rent from other units. Income setup includes: $2,500 main unit (incl. garage), $2,100 upper (tenanted), plus $1,350, $1,000, and $900 units all rented, and $350 from the garage/workshop. Enjoy a top-floor deck with mountain views, shared coin laundry, bike storage, and a charming backyard. Ideally located near Commercial Drive, transit, shopping, and recreation. Open house Sat May 9, 2:00 - 4:00 pm

Features

Washer/Dryer Dishwasher Refrigerator Stove

Walking Score

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