2827 Clark Drive, Vancouver, BC
Excellent investment opportunity! This affordable 3 level East Van home on a 31.5x101 RT5 lot makes a great low maintenance holding property while generating solid income. Currently rented by the room to students, it is generating $48,900 in annual rent with low turnover and offers a 4.2% Cap Rate. Close to skytrain, B-Line and VCC, the property is always easily rented. This home also works for a family looking for 3 bedrooms on the top floor with rental income from the self contained 3 bedroom basement suite with sep laundry. 3 year old roof, all new wiring w/ 200 amp service, plumbing updates, West facing deck and yard make this one a great option. Showing by appt only.
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