2223 E 8th Avenue Vancouver, British Columbia V6B 1A8

5 Bedroom 4 Bathroom 2,575 sqft

$1,948,000

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 (vacant, 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. All suites are unauthorized. Ideally located near Commercial Drive, transit, shopping, and recreation. (id:62185)

Property Details

MLS® Number R3103008
Property Type Single Family
Amenities Near By Shopping
Features Central Location
Parking Space Total 2
View Type View

Building

Bathroom Total 4
Bedrooms Total 5
Amenities Shared Laundry
Appliances All
Basement Development Unknown
Basement Features Separate Entrance
Basement Type Unknown (unknown)
Constructed Date 1912
Size Interior 2,575 Sqft

Land

Acreage No
Land Amenities Shopping
Size Frontage 33 Ft
Size Irregular 4026
Size Total 4026 Sqft
Size Total Text 4026 Sqft

https://www.realtor.ca/real-estate/29510228/2223-e-8th-avenue-vancouver

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Rod Nevis
Rod Nevis Real Estate Group

(604) 307-8674

Oakwyn Realty Ltd.
3195 Oak Street
Vancouver, British Columbia V6H 2L2

(604) 620-6788
(604) 620-7970
www.oakwyn.com/

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