About this Business in Grandview Woodland
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 (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 ch…arming backyard. Ideally located near Commercial Drive, transit, shopping, and recreation. Tenanted units 48 Hours Notice. Open House Sat Apr 18, 2:00 - 4:00 pm
Listed by Oakwyn Realty Ltd..
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 (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. Ideally located near Commercial Drive, transit, shopping, and recreation. Tenanted units 48 Hours Notice. Open House Sat Apr 18, 2:00 - 4:00 pm
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Karim Bhatia for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS® R3103008
- Type Business
- Bedrooms 5
- Bathrooms 4
- Size 2,575 sqft
- Lot Size 4,026 sqft
- Frontage 33.00 ft
- Full Baths 4
- Half Baths 0
- Taxes $9619.63
- Parking Garage Double, Front Access, Lane Access (2)
- View North shore and mountain
- Basement Exterior Entry
- Storeys 2 storeys
- Year Built 1912
- Style 3 Storey
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