1072 E 55th Avenue

South Vancouver Character 4 Unit Income Property on 33’x110’ South R1-1 Lot in quality neighbourhood of many Newer Homes. House 2922 SF 3 levels in good condition with updated Kitchens, Baths, Electrical. Good long term Tenants w no vacancies. Top 720 SF 1 Bdrm & Den, Main 1050 SF 3 Bdrm, Down 700 SF 2 Bdrm & Den, Plus a 325 SF Studio Suite. There are 3 Gas Meters, 4 H/W Tanks, 4 Elec. Meters, Big Double Garage w sep bays & power (rented) & 1 Open Parking. Gr Inc $6,103/mo, $73,236/yr well below market. Potential Gr Inc $7,500/mo, $90,000, Cap Rate 4.8%. 1st Class Investment & Great Building Site for New Home w Laneway. Perfect for Owner Occupiers & Shared Ownership with lots of Mtg Help. Showings by Appt w 2 Day Notice. Call LS for Info Pkg, Floor Plan. Showing Sat Nov 1 Call for Details.

Listed by RE/MAX Real Estate Services.