DESCRIPTION
Attention Investors! Amazing opportunity to own this 3 storey, flat and above grade rental revenue property located in a superb central location, minutes to thriving Commercial Drive, schools, parks, amenities, shops and skytrain. Own three self contained rental suites that can generate current market rent of at least $6000/mth OR convert to AirBNB without having to deal with pesky strata councils! At less than $500K/door this is an excellent investment with a potential land assembly value for a Multifamily RM-11N Zoning at up to 1.7FSR. Rental demand is high in this area, with a little update, this property has tremendous rental revenue upside and can generate income for generations to come. Seller has business license to rent out all 3 units, over last 50 years. Bring your offers!
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AMENITIES
FEATURES
- check_boxRange Top
- check_boxRefrigerator
- check_boxStorage Shed
AT A GLANCE
| MLS® # |
R2702815 |
| Subarea |
Grandview Woodland |
| Home Style |
3 Storey |
| Beds |
7 |
| Baths |
3 |
| Size |
2,266 sqft |
| Lot Size |
2,928 SqFt. |
| Lot Dimensions |
24.00 × 122 |
| Built |
1912 |
| Taxes |
$3,658.06 in 2021 |
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LISTING BROKERAGE
Oakwyn Realty Encore
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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.