About This Property
Character 5 Suite Income Property Heart of Kitsilano on lovely quiet street. House 3241 SF 4 Levels: Top 1 Bdrm Housekeeping Suite, Upper Floor 1 Bdrm & Studio Housekeeping Suites, Main/Down 2 Level 2 Bdrm S/C Suite w Laundry & Ground Floor 2 Bdrm S/C Suite w sep Entry. Ground Level also has shared Laundry & sep Storage room. Fully Rented, great long term Tenants, Gr Income $82,750/yr w upside. Prime Location Blocks to Famous Kitsilano Beach, Close to Parks, W Broadway & W 4th Shopping, Restaurants & Transit. Near Excellent Public & Private Schools, mins to UBC, D/T. Potential for Owner Occupiers & Shared Ownership w lots of Mtg Help or Perfect for Investors. Showing by Appt w 2 Day Notice. Call LS Info Pkg, Flr Plan, To View. Both Main Flr & 1 Upper Suites will be Available 4 Buyer. (id:64973)
At $670 per square foot, this multi-family property in the heart of Kitsilano is priced slightly above the Vancouver market average, but its robust rental income of $82,750 per year and prime location make it an attractive investment opportunity. Seasoned real estate investors seeking a well-tenanted asset with upside potential would find this 5-suite character home particularly appealing given the low maintenance strata and strong demand for rental housing in the desirable Kitsilano neighbourhood.
Property Details
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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
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