FANATASTIC FIVE UNIT INVESTMENT OPPORTUNITY! Excellent location, steps to the Drive. This is one of the best-priced properties in the neighborhood. This building has multiple rental units, beautifully maintained suites, great tenants, there is also the option of easily adding another suite for 6 rental units. Projected gross income of $72,000/year or a 4% gross cap rate. THIS IS AN EXCELLENT CASH FLOW PROPERTY.
Property Type:
Multifamily
Dwelling Type:
Fourplex
Home Style:
2 Storey w/Bsmt.
Year built:
1910
(Age: 114)
Total area:
2,811 sq. ft.261 m2
Total Floor Area:
2,811 sq. ft.261 m2
Total unfinished area:
727 sq. ft.67.5 m2
Main Floor Area:
997 sq. ft.92.6 m2
Floor Area Above Main:
0 sq. ft.0 m2
Floor Area Above Main 2:
796 sq. ft.74 m2
Floor Area Below Main:
0 sq. ft.0 m2
Basement Area:
291 sq. ft.27 m2
Levels:
3
Rainscreen:
No
Bedrooms:
4
(Above Grd: 4)
Bathrooms:
6.0
(Full:6/Half:0)
Kitchens:
5
Rooms:
15
Taxes:
$4,860.09 /
-
Lot Area:
3,943.2 sq. ft.366 m2
Lot Frontage:
32'10"10 m
Lot Depth:
120
Rear Yard Exposure:
Southwest
Outdoor Area:
Fenced Yard, Sundeck(s)
Water Supply:
City/Municipal
Heating:
Forced Air, Natural Gas
Construction:
Frame - Wood
Foundation:
Concrete Perimeter
Basement:
Fully Finished
Roof:
Other
Floor Finish:
Mixed
Fireplace Details:
Other
Parking:
Garage; Single
Parking Access:
Lane
Exterior Finish:
Mixed, Stucco, Wood
Title to Land:
Freehold NonStrata
Flood Plain:
No
# Bachelor Units:
2
# 1Bdrm Units:
2
# 2Bdrm Units:
1
Income as at Date:
Aug 01, 2024
Income Per Annum:
72000.0
Refrigerator, Stove
LOT 5, BLOCK 6, DISTRICT LOT 264A, PLANS 532 AND 1771 PID: 015-251-756
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.