Big 5060 SF SxS Legal Duplex, 7650 SF R5 Lot, 4 S/C Suites, Great Inc quiet South Slope close to Parks. Bsmt entry Duplex good cond, each side has Main Upper Lvl 1310 SF Suite, North 3 Bdrm, 2 Bath; South 4 Bdrm, 3 Bath. Grd Lvl each 1220 SF/Side 2 Bdrm, 1 Bath Suites each w attached “lock-off” Studio, separately rented. All Suites have Laundry except Studios. Total Inc est approx $9,190/mo, $110,280/yr. 1st Class Investment w 4.2% Cap Rate! Great for Owner Occupiers, Extended Families w combined Accom & Mtg help. Future Dev pot, area new Strata Duplexes. Viewings by Appt w 2 Day Notice, weekdays & Sat, COVID rules Masks - Contact LS to book time & for Info Pkg, Fllr Plan etc. Offers if any reviewed Thurs Mar 11 email to LS by 5 PM please, contact LS for details., Here is information on Bob Bracken's New Listing at 7642 - 7644 Joffre Avenue Burnaby, located in the quiet Burnaby "South Slope" neighbourhood. This is a Multi Unit Cash Machine Property, a Huge 5060 SF Side-By-Side Legal Duplex with Additional Accommodation, on a Big 75'X107' (7650 SF) R5 Zoned Lot. Built in 1976, the Duplex is in good condition, each Side having a Main (Upper) Level of 1310 SF Suite - North Side (7642 Joffre) has 3 Bdrms, 2 Bath Suite; while the South Side (7644 Joffre) has 4 Bdrms, 3 Bath Suite. At the Ground Entry Level, each 1220 SF/Side, has 2 Bdrm, 1 Bath Suite, plus an attached "locked-off" Studio, separately rented. All Suites are self contained & have own Laundry except the Studio Suites. The Building, currently generates approx $9,190/mo or $110,280/yr Gross Income. Net Income is approx. $91,266/yr for a 4.20% Cap Rate at current rents with Great Rental Upside. Located 1/2 block to Suncrest Park, close to Central Park, and just minutes to popular Metrotown shopping, restaurants, transit, schools. This is a 1st class Investment property, and is also great for Owner-Occupiers & Shared Ownership with lots of Accommodation & great Mortgage Help. Located in an area of New Strata Duplexes and Large Lots, there is great promise for Future Development Potential. All viewings by Appointment Only with 2 day notice, during week & Saturdays, COVID rules, all Masked required. s. Please contact Bob Bracken 604-220-2035 to book Appointments, Information Package, Floor Plan.. Offers if any email bob@bobbracken.com by 5:00pm Thurs March 11th.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
looking at buying
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
