Description

3.9 Cap Rate!! Calling all investors! Spectacular view of downtown & Lions Gate Bridge from the top floor! This terrific income producing property brings in over $100,000 a year in gross revenue. Great tenants. Potential redevelopment site! Features a HUGE 50 x 140 lot with lane access. Walk score of 75! Close to Lonsdale shops, cafes, restaurants, parks. Queen Mary and Carson Graham catchment (IB school) Great transit route for busing or a short walk to the sea bus. On-street bicycle route just outside! Half renovated, newer roof on whole building with newer hot water tanks. Two 2 bedroom 1 bathroom self contained suites downstairs & two 3 bedroom 2 bathroom self contained suites upstairs. All rezoning inquiries should be made to the City of North Vancouver.

Taxes (2019): $6,880.00

Amenities

None
MLS Reciprocity

Listed By: Royal LePage Sussex

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.