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Beat inflation, invest here! It's like owning your own apartment with 3 self contained suites generating income! Seller has business license to rent out all 3 units, consistently doing so for last 50yrs. Great investment, excellent cap rate, ready to rent, just renew with a coat of paint or carry out simple renovations & this home can have $6000/mth or more income! 3-bdrm suite on grnd flr (above grade), 2-bdrm suite on main flr and 2-bdrm suite on upper flr. Earn income while you hold this revenue property with a level lot that has potential land assembly value or new build. MULTIFAMILY RM-11N zoning, up to 1.7FSR if combined with other lots (verify with City of Van). Unbeatable location with a 92 walkscore, 2 blks to vibrant Commercial Drive, restaurants, shops, transit, parks. Call Now!
| MLS® # | R2670751 |
|---|---|
| Property Type | Residential Detached |
| Dwelling Type | House/Single Family |
| Home Style | 3 Storey |
| Year Built | 1912 |
| Fin. Floor Area | 2,266 sqft |
| Bedrooms | 7 |
| Bathrooms | 3 |
| Taxes | $ 3,658 / 2021 |
| Lot Area | 2,928 sqft |
| Maint. Fees | $N/A |
Site Influences
- Central Location
- Lane Access
- Recreation Nearby
- Shopping Nearby
Features
- Refrigerator
- Stove
Amenities
- None
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