Description

Prime Kitsilano REVENUE PROPERTY on 50'x120' RT - 8 lot. This legal multi - family building contains 5 licensed self contained suites with separate entrances. Gross income $90,792 yearly plus $2,000 approx for coin laundry. Net 2.5% Cap rate with upside! Hold or develop into multiple strata units up to 0.75 FSR. This 4920 sq ft approx 4 level plus attached cottage is well maintained with updates throughout by long term proactive owner. By appointment only.

Taxes (2017): $9,264.77

Features

ClthWsh Dryr Frdg Stve DW Dishwasher Range Top Refrigerator