Description

Kitsilano 6 Suite cash machine! Gross income of $145,200. Net income of $100,530. Cap rate of 3.24%. The property contains three 3 bedroom suites, one 4 bedroom, one 1 bedroom and one studio. All suites are self contained and in good condition with great tenants and a live-in caretaker. The house has been very well maintained over the years with updated siding, roof, balconies, hot water tank and has been fully sprinklered. 3 parking as well! Located on a bright corner 50X110 RT8 lot on a fantastic street close to all Kits has to offer. This home is a fantastic investment. Move in to one of the suites have the rest of the suites pay your mortgage or keep it fully rented.

Taxes (2017): $11,780.74

Amenities

Shared Laundry Storage
MLS Reciprocity

Listed By: RE/MAX Crest Realty

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.