7208 89th Street
Rare 4-Plex Opportunity. Live, Rent, or Invest! For the cost of a single 2-bedroom apartment in Vancouver; this is a fantastic opportunity to own a solid, well-maintained 4-apartment multifamily property in a desirable small-town location-entire building offered (A, B, C, D) This property features: &; 2 x 2-bedroom, 1-bathroom units &; 2 x 1-bedroom + den, 1-bathroom units &; Private in-suite laundry in all units &; 4 separate electrical meters – no shared power expenses &; Ample off-street parking at the rear accessed from Swan Cres. &; Matching shed built in 2022 for storage &; Zoning ""R7 Dense Residential"" provides future potential &; Walkable location, desirable for tenants Located just a short walk to the elementary school (50 meters), Main Street-shops, restaurants and services, and only 400 meters to two separate beautiful public beaches. Well-built older construction offers excellent sound insulation between units. Newer roof with updated ventilation installed. Recent updates: hot water tanks, electrical system updates Ideal for: Investors seeking consistent rental income with risk mitigation from 4 units House hackers – live in one unit, rent the rest Local employers or businesses needing reasonable cost staff housing, to attract and retain employees Canada's warmest climate and lake with nearby skiing/snowboarding in the winter. Current monthly revenue for the property is $4250/month. Click brochure link for more details. (id:65032)
Rare 4-Plex Opportunity. Live, Rent, or Invest! For the cost of a single 2-bedroom apartment in Vancouver; this is a fantastic opportunity to own a solid, well-maintained 4-apartment multifamily property in a desirable small-town location-entire building offered (A, B, C, D) This property features: &; 2 x 2-bedroom, 1-bathroom units &; 2 x 1-bedroom + den, 1-bathroom units &; Private in-suite laundry in all units &; 4 separate electrical meters – no shared power expenses &; Ample off-street parking at the rear accessed from Swan Cres. &; Matching shed built in 2022 for storage &; Zoning ""R7 Dense Residential"" provides future potential &; Walkable location, desirable for tenants Located just a short walk to the elementary school (50 meters), Main Street-shops, restaurants and services, and only 400 meters to two separate beautiful public beaches. Well-built older construction offers excellent sound insulation between units. Newer roof with updated ventilation installed. Recent updates: hot water tanks, electrical system updates Ideal for: Investors seeking consistent rental income with risk mitigation from 4 units House hackers – live in one unit, rent the rest Local employers or businesses needing reasonable cost staff housing, to attract and retain employees Canada's warmest climate and lake with nearby skiing/snowboarding in the winter. Current monthly revenue for the property is $4250/month. Click brochure link for more details. (id:65032)
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The estimates above are provided as guidance only and do not constitute financial advice. Actual costs may vary based on your financial situation, lender terms, and current rates. Consult a mortgage professional for accurate calculations.
