Here is Information for Bob Bracken's New Listing at 1072 East 55th Ave Vancouver, located in the midst of vibrant South Vancouver, in a quality neighbourhood of many Newer Homes. This is a Character 4 Unit Income Property, 3 Levels, 2922 SF, on a 33’X110’ R1-1 Lot with Lane. The House is in Good Condition with Updates to Kitchens, Baths, Electrical, Plumbing. Good Tenants with no vacancies. Total Gr Income $6,103/mo, $73,236/yr, well below Market. Potential Gr Income $7,500/mo, $90,000/yr, Potential Cap Rate 4.8%. Suite Mix: 1 X 3 Bdrm Unit, 1 X 2 Bdrm + Den Unit, 1 X 1 Bdrm + Den Unit & Studio Unit. Top Floor: Ample 720 SF 1 Bdrm + Den, Bath, Good Size Bdrm, Bright Living Room, nice Kitchen leading to Den/Office & Rear Door, Rent $1,135/mo. Main Floor: Spacious 1050 SF 3 Bdrm, Bath with H/W Floors, Big Rooms, lots of Window/lights, Rent $1,766/mo. Shared Coined Laundry at the rear of the Main Floor, accessible by All Tenants & provides $200/mo Laundry Income. Lower Floor: has 2 Suites: a Big 700 SF, 2 Bdrm + Den, Bath, Big Rooms, Good Ceiling Height, Separate Entrance, Rent $1,215/mo. Plus Cozy 325 SF Studio, Self-Contained, Separate Entrance, Rent $937/mo. Lower Floor also includes a Mechanical Room containing Boiler, 4 Electric Meters & 4 Hot Water Tanks (1 for Laundry). There are 3 Separate Gas Meters at the side of the House. The rear Yard is a decent size. Also at the Rear of the property is a Big Double Garage with 2 Separate Individual Bays, Each with its own Entrances, Garage Doors & Electrical Power, Rent $650/mo ($300 & $350). Plus an Additional Open Rear Parking Space. The Location is a Great South Vancouver Residential neighbourhood that has undergone many newer Home changes over the years. Close to Restaurants, Shopping, Coffee Houses, Parks, Transit. Close to Great Schools, Langara College. Vancouver Walk Score 72, Transit Score 59, Bike Score 61. For Investors this is a Great Investment Property, no vacancies. Also Perfect for Owner Occupiers & Extended Families wanting lots of Accommodation & Mortgage help. For Builders, Great Building Site for New Home with Laneway House. All Showings by Appointment w 2 Day Notice, MUST CONFIRM ATTENDANCE. Call Bob Bracken at 604-220-2035 for Info Pkg, Floor Plan, Viewing. Great Opportunity! Asking Price $1,668,000! Showing Sat Nov 1st @ noon - please call Bob to attend.