Here is New information - New Price - for Bob's Listing The HIP-O Building at 406 Union Street Vancouver, a Cool 3 Storey plus Basement, Income Property 15 Units. Located in Trendy Strathcona, close to the new St Paul Hospital & Health Campus, minutes to Downtown, & near the Heart of Chinatown. This Historic Character Building is 4500 SF plus 1500 SF unfinished Basement. Suite Mix: Ground Floor 3 S/C Suites, 2nd & 3rd Floors Each with 6 Furnished Single Rooms with Sink Vanity, Murphy Bed. These 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 COV SRA Rental Rate Restricted, while the rest are Unrestricted Market Rentals including the 3 Ground Floor S/C Suites. 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 but is very upgraded, with redone Plumbing, Electrical, Floors, Roof, Kitchens & Baths. Property is Professionally managed, well maintained with Quality Tenants. This Property is an Excellent "Hands Off" Investment, or Great Non-Profit Housing Opportunity. Investors, Owner-Occupiers, Shared Ownership. Showings Preferred Fridays Afternoon 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 with Good Terms to Qualified Buyer. New Asking Price $2,599,000 - Reduced By $151,000!More details
Here is information on Bob Bracken's New Listing at 1537 - 1539 Victoria Drive Vancouver. This is a First Class Updated Character 4 Level, 5 Bdrm, 6 Bath, 2886 SF Commercial Drive Triplex w Great Income & Accommodation. Top Renovations to All Suites - Kitchens, Baths, Wood Floors, Crown Mouldings, Baseboards, Stainless Steel Appliances, Granite Counters! Fully Updated Electrical, Plumbing, H/W Tanks, Mechanical, Sprinklers, Roof. Top Floor: 2 Level, 3 Bdrm, 2 Bath Suite; Main Floor: 2 Bdrm, 1.5 Bath Suite; Ground Floor: 1 Bdrm, 2 Bath Suite. All Units w own Laundry & Separate Entrances. Great Tenants - Total Income $7,650/mo, $91,800/yr, Cap Rate 4.2% w Rental Upside!
Excellent Investment property with Great Cash Flow for Investors. Great Accommodation & Mortgage Help for Owner-Occupiers, Shared Ownership & Extended Families. Great Commercial Drive Location, 2 Blocks to popular "The Drive", Transit, Shops, Restaurants, Parks, Schools, Mins to D/T. Vancouver Walk Score 98, Transit Score 73, Bike Score 88. Great Worry Free Investment. Perfect for Owner Occupiers, Extended Families, Shared Ownership w great Mortgage Help! Showing By Appt Only 2 day notice, MUST CONFIRM ATTENDANCE. Call Bob Bracken at 604-220-2035 for Information Package, Floor Plan, Viewing. Showings 2 Day Notice, by Appointment, MUST CONFIRM ATTENDANCE. Asking Price $1,798,000.More details
Here is information on Bob Bracken's New Listing at 2128-2130 East Pender Street, Vancouver. This is an East Village/Commercial Drive Exceptional Income & Residential Property, located on the wide Historical Pender Boulevard surrounded by Grand Character properties. The 3450 SF Building is a Legal Side-By-Side Duplex with 4+ Units, Exceptional Cash Machine. The Building is in excellent condition with updated electrical, plumbing, floors, kitchens, baths, 2 furnaces, meters & H/W tanks, private patios, decks & Mtn views. Coin Laundry, Mechanical Rooms & Storage. Character Features: wood floors, high ceilings, wainscotings.
Suite Mix: 3 X 2 Bdrm & 2 X 1 Bdrm Units, each with separate entrances. Top Floor big stylish 2 Bdrm Suite, vaulted ceilings, good Mtn views & deck. Main Floor has 2 identical, 2 Bdrm Suites, private patios & decks. Ground level has 2 identical 1 Bdrm Suites – One Unit Newly Renovated w own laundry & D/W. Gross Income $11,779/mo, $141,348/yr w rental upside (includes estimate for "Renovated" Suite), Net approx $117,928/yr, with a great Cap Rate of 5.1%!
Excellent Investment property with great Cash Flow for Investors. Great Accommodation & Mortgage Help for Owner-Occupiers, Shared Ownership & Extended Families. Great location, close to popular East Village & Commercial Drive neighbourhoods. Close to transit & shopping, restaurants, parks & schools, mins to Vancouver Downtown. Vancouver Walk Score 95, Transit Score 67, Bike Score 92. Call Bob Bracken at 604-220-2035 for Information Package, Floor Plan, Viewing. Asking Price $2,295,000.More details
Here is New Information - New Price - on Bob's Listing at 3346 - 3350 West 10th Ave Vancouver, located in the Heart of Fabulous Kitsilano. This is a Big Character Multi Suite Home - Plus a 1030 SF Luxury Laneway House - with Huge Income on a big 50'x122' R1-1 South Lot. Main House (3346 W 10th) is 2750 SF on 3 Levels with 4 Self Contained Suites: Top Floor: 2 Bdrms Suite @ $2,100/mo. Main Floor: (Owner's) Character 2 Bdrms Suite with big living room, dining, kitchen & 200 SF deck, $3,250/mo (estimate). Ground Floor: 2 cute Studios @ $1,295/mo & $1,480/mo. Rear: Luxury Laneway House 9 years old (3350 W 10th) 1030 SF on 2 Levels, with 3 Bdrms, 2 Full Baths, top quality finishing, appliances, rented $4,450/mo (comes furnished & equipped), potential Airbnb. Total Income $12,575/mo, $150,900/yr with Rental Upside. Cap Rate 3.7%. There is also open, secure 2 car tandem parking in the rear. Note Live in Main Suite & collect $9,325/mo or Live in Laneway House & collect $8,125/mo.
Superb location, steps to transit & West Broadway shopping, restaurants, parks & schools, blocks to Famous Kitsilano & Jericho Beaches, mins to UBC & Downtown. Vancouver Walk Score 82, Transit Score 70, Bike Score 90. Investors: This is a 1st Class Turnkey Investment Property with Huge Income from 2 Kitsilano Houses (total 3753 SF). It is also perfect for Owner-Occupiers, Family, Extended Family, & Shared Ownership wanting lots of Accommodation & Mortgage help. For Developers: the property is in the path of Future Development, with the New R1-1 Zoning potentially allowing as many as 6 - 8 Units on the 6100 SF South lot or keep the Laneway House and Build up to 4 - 6 Units in the front of the property. Showing by Appointment with 2 Day Notice, must confirm attendance. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, Viewing. New Asking Price $3,388,000 Reduced by $291,000 - Reduced Below Assessment!More details
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