Here is Information for Bob Bracken's New Listing at 2635 West 7th Ave Vancouver, located in the Heart of the Prime Kitsilano neighbourhood. This is a 5 Unit Character Income Property in Good Condition. The Building is 3241 SF over 4 Levels. Suite Mix: Top Floor: 1 Bdrm Housekeeping Suite, Upper Floor: 1 Bdrm Housekeeping Suite & Studio Housekeeping Suite, Main/Down Floor: 2 Level 2 Bdrm Self-Contained Suite with Laundry & Ground Floor: 2 Bdrm Self-Contained Suite with separate Entry. Ground Level also has shared Laundry & separate Storage room. Fully Rented, no vacancies, Great Long Term Tenants. Gross Income $7,150/mo, $85,800/yr with Rental Upside. Potential Gross Income is $7,950/mo, $95,400/yr.
The Prime Kitsilano Location is Blocks to Famous Kitsilano Beach & Kits Outdoor Pool. Close to West Broadway & West 4th Restaurants, Shopping, Coffee Houses, Parks, Transit. Near Excellent Public & Private Schools, minutes to Downtown, UBC. Vancouver Walk Score 98, Transit Score 71, Bike Score 94.
For Investors this is an Excellent worry Free Investment Property, with a history of no vacancies & Great Tenants. Potential for Owner Occupiers & Shared Ownership with lots of Accommodation & Mortgage help. Showings by Appointment w 2 Day Notice, MUST CONFIRM ATTENDANCE. Call Bob Bracken at 604-220-2035 for Information Package, Floor Plan, Viewing. Great Kitsilano Opportunity! 1st Showing Wed Mar 4th @ 4:00pm gone by 5:00pm by Appointment must confirm, Call Bob Bracken 604-220-2035 to Attend. Asking Price $2,198,000!More details
Here is Information for Bob's New Listing The HIP-O Building at 406 Union Street Vancouver, a Cool 3 Storey plus Basement, Income Property 15 Units. Located in Trendy Strathcona, 1 Block to the new St Paul Hospital & Health Campus, Future of Medicine in Canada; Minutes to Downtown, & near the Heart of Chinatown.
This Historic Character Building is 4500 SF on 3 Floors plus a 1500 SF unfinished Basement. Suite Mix: Ground Floor 3 S/C Suites, 2nd & 3rd Floors Each with 6 Furnished Single Rooms (Total 12), Each with Sink Vanity & Bed. These 2 Floors Each also have Modern Kitchen, 2 Bathrooms & Common Area. There is Coin Laundry, Bike Storage & Lockers for Rent in the 1500 SF Basement which is largely unused/available. 2 of the 12 Single Rooms are City of Vancouver SRA Rental Rate Restricted, while the rest are all Unrestricted Market Rentals including the 3 Ground Floor S/C Suites Each w own Entrance & Address. The Excellent 15 Units Property has Huge Cashflow, Gross Income $17,916/mo, $214,992/yr, NOI $130,157/yr, Cap Rate 5%.
The 1910 Building retains lots of Character & has been upgraded, with redone Plumbing, Electrical, Floors, Roof, Kitchens & Baths. The Property is Professionally managed & well maintained with Quality Tenants. This Property is an Excellent "Hands Off" Investment, or Great Non-Profit Housing Opportunity. It is Great for Investors, Owner-Occupiers, Shared Ownership. Showings with 2 Day Notice by Appointment, must confirm attendance. Call Bob Bracken at 604-220-2035 for All Details, Info Pkg, Floor Plan & Viewings. Note: Seller will consider Vendor Take Back (VTB) 2nd Mortgage w Good Terms to Qualified Buyer. Asking Price $2,595,000More details
Here is Information for Bob's New Listing The HIP-O Building at 406 Union Street Vancouver, a Cool 3 Storey plus Basement, Income Property 15 Units. Located in Trendy Strathcona, 1 Block to the new St Paul Hospital & Health Campus, Future of Medicine in Canada; Minutes to Downtown, & near the Heart of Chinatown.
This Historic Character Building is 4500 SF on 3 Floors plus a 1500 SF unfinished Basement. Suite Mix: Ground Floor 3 S/C Suites, 2nd & 3rd Floors Each with 6 Furnished Single Rooms (Total 12), Each with Sink Vanity & Bed. These 2 Floors Each also have Modern Kitchen, 2 Bathrooms & Common Area. There is Coin Laundry, Bike Storage & Lockers for Rent in the 1500 SF Basement which is largely unused/available. 2 of the 12 Single Rooms are City of Vancouver SRA Rental Rate Restricted, while the rest are all Unrestricted Market Rentals including the 3 Ground Floor S/C Suites Each w own Entrance & Address. The Excellent 15 Units Property has Huge Cashflow, Gross Income $17,916/mo, $214,992/yr, NOI $130,157/yr, Cap Rate 5%.
The 1910 Building retains lots of Character & has been upgraded, with redone Plumbing, Electrical, Floors, Roof, Kitchens & Baths. The Property is Professionally managed & well maintained with Quality Tenants. This Property is an Excellent "Hands Off" Investment, or Great Non-Profit Housing Opportunity. It is Great for Investors, Owner-Occupiers, Shared Ownership. Showings with 2 Day Notice by Appointment, must confirm attendance. Call Bob Bracken at 604-220-2035 for All Details, Info Pkg, Floor Plan & Viewings. Note: Seller will consider Vendor Take Back (VTB) 2nd Mortgage w Good Terms to Qualified Buyer. Asking Price $2,595,000.More details
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