1638 E 8th Avenue, Vancouver
Fantastic investment property with FUTURE DEVELOPMENT POTENTIAL. A rare opportunity to own this 4 level home w/4 separate suites in a highly convenient location off Broadway & Commercial. Spacious home sitting on a large 50x122 sq ft lot & currently generating $8250/m plus $200/m on average from the coin operated laundry machines which equals over $100,000 in annual income. The home had over $250,000 in renovations in 2005. Updated kitchen w/beautiful cabinets, granite counters, ss appliances, new roof, windows & stucco are just a few updates to mention. All levels & the basement have separate entries, bathrooms & kitchens. 2 blocks from the skytrain station. Two garage spaces w/lane access-one garage converted into a warehouse & the other garage generating rental income. Call for details.
Taxes (2020): $8,520.79