Description

Prime Kitsilano REVENUE PROPERTY on 50' x 120' RT-8 lot. This legal multi-family building contains 5 licenced self contained suites with separate entrances. Gross income $87,360 yearly plus $2000 approx. for coin laundry. Net 2.4 % Cap. rate with upside! This 4 level plus attached cottage 4920 sq. ft. approx. property is well maintained with upgrades and improvements by long term proactive owner. Hold this investment property or develop into multiple strata units up to 0.75 FSR. Viewing by appointment only.

Taxes (2017): $9,264.77

Features

ClthWsh Dryr Frdg Stve DW Dishwasher Range Top Refrigerator