Description

Incredible Investment Opportunity! House has been totally remodeled and Beautifully updated in 2009 Home features 3 self contained units, just 1/2 block to Commercial Drive shopping, coffee shops, restaurants & transit. Top flr feat 1 bdrm suite, 4 bdrm on the main, & a 3 bdrm garden level. Each unit well laid out with updated kitchen & bthrm, washer/dryer. Top & main flr have oversized S. facing balconies, Parking for 4 cars: single car garage with 3 additional open spots. Roof is 9 yrs old, drain tiles done 7 yr ago. Newer windows. 2 gas & electric meters and hot water tank. Currently generates more than $84,000 a year with a CAP RATE OF 3%. RT-5 duplex zoning; hold now & build later. Land assembly with 1.7 FSR possible with neighboring properties

Taxes (2020): $6,571.41

Features

ClthWsh Dryr Frdg Stve DW Drapes Window Coverings Microwave Smoke Alarm
MLS Reciprocity

Listed By: Multiple Realty Ltd.

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.