1014 W 11TH Avenue in VANCOUVER: Fairview VW Commercial for sale (Vancouver West) : MLS(r) # V4038722
1014 W 11TH Avenue VANCOUVER V6H 1K1 : Fairview VW
Big old Multi-Family house built in 1907 and licensed by the City for 7 rental units, also contains an unauthorized 3 bedroom basement suite. Long time tenants so some rents are low. Gross $66,840 Net $49,726. GRM 24.7 CAP rate 3.01%. Wiring partially updated with 200 amp breakers and buried oil tank recently removed. A good single garage could be rented for more income. Upgrading of the building will generate higher rents. Please click on Link for details.
Listed by RE/MAX David Campbell Realty and RE/MAX Bill Goold Realty
Listing information last updated on Feb 6, 2014 10:21 PM