Description

Charming character cash machine earning almost $90,000 per year with a cap rate of 3.8%. Legal duplex of over 3,600 sqft on a 33 X 122 ft lot. There is development potential in the RT5 zoning that allows for an infill. Original heritage details throughout such as wainscotting, light fixtures, tiles, and stained glass. Single car garage plus 2 open parking. Coin operated laundry. Nothing beats this sweet spot close to trendy Savio Volpe, Sal y Limon, Les Faux Bourgeois, Matchstick cafe & Robson & McAuley Parks. Main Street and public transit are just steps away. Opportunity abounds....Live in one suite and collect rent from the rest, shared ownership or just hold it as a turn key revenue property. Call LS for information package and floor plan. View by appointment only with 2 days notice.

Taxes (2018): $6,066.69

Features

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MLS Reciprocity

Listed By: RE/MAX Select Realty

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.