2223 E 8th Avenue, Grandview Woodland, Vancouver East (R3102999)

2223 E 8th Avenue

Grandview Woodland, Vancouver East

House

5 Bedrooms

4 Bathrooms

Size: 2,575 sqft

Built in 1912

$1,948,000

Browse Photos

About this House in Grandview Woodland

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 ch…arming backyard. Ideally located near Commercial Drive, transit, shopping, and recreation. Open House Sun Mar 29 2pm - 4pm.
Listed by Oakwyn Realty Ltd..

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. Open House Sun Mar 29 2pm - 4pm.

Listed by Oakwyn Realty Ltd..

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Chris Brown for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.