2223
E 8th Avenue
$1,948,000
5 Bedroom
4 Bathrooms
2,575 sqft
About this House
Grandview Woodland, Vancouver East
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. OH Thu Apr 2, 10 am -12 pm OH Sun Apr 5, 2 pm - 4 pm
Listed by Oakwyn Realty Ltd..
Features
- MLS®: R3102999
- Type: House
- Building: 2223 E 8th Avenue, Vancouver East
- Bedrooms: 5
- Bathrooms: 4
- Square Feet: 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
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (2223 E 8th Avenue, Grandview Woodland, Vancouver East), such as schools, parks & recreation centres and public transit.
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