Here is information on Bob's New Listing at 2403 Cambridge Street Vancouver. This is a Large Recently Renovated (2019-2020) Revenue Character House with 4 Legal Units in the fabulous "Wall Street" area of East Hastings. Renovations include new roof, decks, furnace, h/w tank, flooring, insulation, paint, new IKEA Kitchens, electrical (knob and tube removed) & more. The 4 Suites are bright, stylish, some with decks, or porches. Top 2 Floors have North Shore Mountain views. All Units have their own laundry, newer ranges, fridges, dishwashers. The Building is 2887 SF on 4 Levels. Gross Income $9,103/mo or $109,236/yr, Cap Rate 4.6%. The Building sits on a 33' X 121.86' RM-3A North Lot with lane access.
Close to Tillicum Park, East Hastings shopping, restaurants, transit, minutes to Downtown. Vancouver Walk Score 66, Transit Score 64, Bike Score 81. This is an outstanding Easy Care Investment Property & perfect for Owner-Occupiers, Shared Ownership, Extended Families wanting Mortgage help. For Developers the RM-3A lot has Future Development Potential & lots of Income to Hold until ready. Investors, Owner Occupiers, Shared Ownership, Developers. All Showing by Appointment with 2 Day Notice. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, Viewing, Details. Asking Price $1,998,000. Showing Sunday Dec 1st @ noon by Appointment call Bob if you wish to attend.
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