Affordable Kitsilano 5 unit revenue home located on the corner of Balaclava and West 8th Avenue. This revenue property currently has 4 legal suites and one owner's suite. Rents are currently below market rent. Suite mix is as follows: Main 1 bdrm suite rented for $1947.77, Main bachelor rented for $1108, upstairs one bedroom rented for $1965 , upstairs one bedroom rented for $926.29, garden level 2 bedroom owners suite not currently rented. Gross revenue of approximately $71,364/yr. All suites are separate electric meters, and are heated through a natural gas central boiler with hot water radiators. No laundry currently, but there is space to have one where there were machines in the past. Own a revenue producing home in the heart of Kits!! (id:58426)
| MLS® Number | R2964466 |
| Property Type | Single Family |
| Neigbourhood | Greektown |
| AmenitiesNearBy | Shopping |
| Features | Central Location |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 5 |
| BedroomsTotal | 5 |
| Appliances | Refrigerator, Stove |
| BasementDevelopment | Unknown |
| BasementFeatures | Unknown |
| BasementType | Full (unknown) |
| ConstructedDate | 1930 |
| SizeInterior | 2820 Sqft |
| Acreage | No |
| LandAmenities | Shopping |
| SizeFrontage | 31 Ft |
| SizeIrregular | 2690.8 |
| SizeTotal | 2690.8 Sqft |
| SizeTotalText | 2690.8 Sqft |
https://www.realtor.ca/real-estate/27888938/2346-balaclava-street-vancouver
Contact us for more information
Bryan Velve
Personal Real Estate Corporation, The Velve Group
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