2223 E 8th Avenue, Vancouver, BC

5 Bedroom Single Family Residence for sale in Grandview Woodland area

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• 2575 Sq Ft
• 5 Bedrooms
• 4 Bathrooms

Investor opportunity in a prime residential area on a great block. This three-level property produces approx. $100K annual NOI with an estimated 5% cap rate, or live in the main unit and collect about $70K rent from other units. Income setup includes: $2,500 main unit (incl. garage), $2,100 upper (tenanted), plus $1,350, $1,000, and $900 units all rented, and $350 from the garage/workshop. Enjoy a top-floor deck with mountain views, shared coin laundry, bike storage, and a charming backyard. Ideally located near Commercial Drive, transit, shopping, and recreation. Open House Sun Mar 29 2pm - 4pm.