Exceptional Investment Opportunity POTENTIAL** 10 residential units & 4 Retails
Bonus: Legal rental license and professional rental management included. For the half block to develop, 4580 Sidney St Vancouver (being the corner unit) will pull up the FSR from 3.5 to 3.7+.
Envision a property with the potential to generate substantial rental income and exceptional returns.
Current Rent as followed:
9 rented residential -
(7 x One bed + 2 x Three Bed) rent around $12,488.28/month
1 fully renovated One bed unit expect rent $2,000/month
4 commercial rent (1 tenant) $10,500/month
Side advertisement rent $371.88/month
Total current Rent $25,360.16/month
Annual current rent $304,321.92/yr
(Please note the rents are increasing as their annual dates are different in each unit)
Please contact me for more information.