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37953 WESTWAY AVENUE - MLS® # R2515901
Great investment opportunity! Located 1 minute to Hwy 99 direct access to Vancouver & Whistler. Great revenue 4-plex located on a huge corner double-sized lot in Valleycliffe w/4 newly renovated homes each w/2 beds + den.Each unit is fully tenanted. All units are equipped w/ own hot water tanks, gas forced air furnaces, laundry room incl. in-suite laundry & full kitchens. The property is updated with newer windows, siding, painted & roof. Each unit has a private yard space w/huge views of the Chief & a short walk to hospital. Includes communal gardens & additional green space. The zoning RM-2 (.8 fsr). Very good income+Future Opportunity. No Foreign Tax! 4 Units identical. Rents $1900/$1900(new)/$1545.70/$1172.60 Income as of Dec 1/20 78,220$+ approx 3.5% cap with upside to 91k+ In income
Listing Provided By
RE/MAX Masters Realty
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- Polly Reitze
- Engel & Volkers Vancouver
- 1555 Marine Drive
- West Vancouver, BC
- V7V 1J5