I have listed a new property at 3040 NANAIMO ST in Vancouver.
Lovingly and Meticulously maintained 17 unit apartment block owned by the same family for decades. The tenants here are like a community. Capital upgrades include the replacement of the entire plumbing system from water main in the furnace room to each suite. All water lines were replaced with new ones. A new maintenance coating applied to the torch on roof and complete interior common areas painted as well as the building exterior. Double paned windows throughout. Beautiful hardwood throughout all the suites, large living rooms and bedrooms, baseboard hot water heat, and storage lockers. 2 Bachelor suites, 12-one bedroom and 3-two bedrooms. Gross income at 165k. This is a tidy investment to hold for years to come! Zoned RM-3A for redevelopment later. All measurements are approximate.